News

30.11.2017
Average earnings (wages) October 2017

The average earnings (gross) in Montenegro in October 2017 are 767 Euro, while the average earnings without taxes and contributions (net) are 511 Euro. The average earnings without taxes and contributions (net) in October 2017 stayed on same level comparing to September 2017.The average earnings without taxes and contributions (net) in October 2017 compared to October 2016 increased 1.8%, while they increased 2.4% compared to the average monthly earnings without taxes and contributions (net) in 2016. Having in mind that consumer prices in October 2017 comparing to September 2017 decreased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period increased 0.1%.
 

At the sector level the average earnings without taxes and contributions (net) in October 2017 compared to September 2017 increased in the following sectors: Electrity, gas, steam and air conditioning supply (9.6%), Transportation and storage (4.4%), Other service activities (3.4%), Financial and insurance activities (1.1%), Public administration and defence, compulsory social security (0.7%), Mining and quarrying (0.6%), Education (0.2%), Water supply, sewerage, waste management and remediation activities (0.2%), while there was a decrease in the following sectors: Real estate activities (13.0%), Agriculture, forestry and fishing (7.2%), Accommodation and food service activities (6.5%), Information and communication (5.7%), Construction (5.4%), Arts, entertainment and recreation (4.2%), Administrative and support service activities (3.1%), Manufacturing (2.6%), Wholesale and retail trade (1.1%), Profesional, scientific and tehnical activities (0.5%) and Human health and social work activities (0.2%). 

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