News

28.04.2016
Average earnings (wages) March 2016

The average earnings (gross) in Montenegro in March 2015 are 734 Euro, while the average earnings without taxes and contributions (net) are 488 Euro. In comparison with February 2016, the average earnings without taxes and contributions (net) in March 2016 decreased 0.6%. The average earnings without taxes and contributions (net) in March 2016 compared to March 2015 increased 2.5%, while they also increased 1.7% compared to the average monthly earnings without taxes and contributions (net) in 2015. Having in mind that consumer prices in March 2016 comparing to February 2016 decreased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period decreased 0.5%.
 

At the sector level the average earnings without taxes and contributions (net) in March 2016 compared to February 2016 increased in the following sectors: Other service activities (21.7%), Accommodation and food service activities (6.1%), Construction (3.4%), Public administration and defence, compulsory social security (3.2%), Education (1.5%), Financial and insurance activities (0.6%), Wholesale and retail sale (0.3%) while there was a decrease in the following sectors: Mining and quarrying (13.3%), Manufacturing (10.2%), Arts, entertainment and recreation (4.1%), Agriculture, forestry and fishing (3.8%), Electricy, gas, steam and air conditioning supply (3.1%), Real estate activities (3.0%), Water supply, sewerage, waste management and remedation activities (2.9%), Administrative and support service activities (2.5%), Human health and social work activities (1.0%), Profesional, scientific and tehnical activities (0.7%) and Transportation and storage (0.2%). 

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