News
19.07.2011Average wages, June 2011
The average wage (gross) in June 2011 in Montenegro was 708 Euros , while average wage without taxes and contribution was (net) was 475 Euros. Comparing to May 2011 average wages without taxes and contributions (net) in June 2011 decreased by 0,8%. The average wage without taxes and contributions (net) in June 2011 comparing to the same month of previous year increased by 0,4%, while comparing to the average monthly wage without taxes and contributions in 2010 it decreased by 0,8%.
By activities the average wages without contributions and taxes in June 2011 comparing to previous month increased in following sectors: manufacturing industry (3,8%), Hotels and restaurants (2,8%), Transport, storage and connections (2,6%), Real estate and renting business (1,9%),Construction (1,8%), Health and social work (1,7%), Other communal and personal services (0,7%) and Public administration and social insurance (0.6%).
There was decrease in following sectors :retail trade and wholesale trade (0,9%), education (1,3%), Financial intermediation (1,6%), production of electric energy, gas and water (2,5%), agriculture, forestry and water management (7,4%), mining and quarrying (9,6%), fishery(15,1%) .Considering that consumption prices in June 2011comparing to May 2011 decreased by 0,5%, it comes out that real net wages in Montenegro in June 2011 comparing to May 2011 decreased by 0,3%.
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