News

30.07.2020
Average earnings (wages) June 2020

The average earnings (gross) in Montenegro in June 2020 are 787 Euro, while the average earnings without taxes and contributions (net) are 527 Euro. The average earnings without taxes and contributions (net) in June 2020 comparing to May 2020 increased 1.7%, while the average earnings without taxes and contributions (net) in June 2020 comparing to June 2019 increased 2.1%. Having in mind that consumer prices in June 2020 comparing to May 2020 increased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period increased 1.6%.

The increase in the average earnings has been a result of one-off payment of amount for which the earnings were reduced in 2018, pursuant to Article 48a paragraph 1 of the Law on Wages of Public Sector Employees.

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