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30.11.2016
Average earnings (wages) October 2016

The average earnings (gross) in Montenegro in October 2016 are 754 Euro, while the average earnings without taxes and contributions (net) are 502 Euro. In comparison with September 2016, the average earnings without taxes and contributions (net) in October 2016 increased 0.2%. The average earnings without taxes and contributions (net) in October 2016 compared to October 2015 increased 5.0%, while they also increased 4.6% compared to the average monthly earnings without taxes and contributions (net) in 2015. Having in mind that consumer prices in October 2016 comparing to September 2016 increased 0.3%, the results that real earnings without taxes and contributions (net) in the same period decreased 0.1%.
 

At the sector level the average earnings without taxes and contributions (net) in October 2016 compared to September 2016 increased in the following sectors: Agriculture, forestry and fishing (6.1%), Administrative and support service activities (3.9%), Accommodation and food service activities (3.2%), Financial and insurance activities (2.0%), Construction (1.7%), Water supply, sewerage, waste management and remedation activities (1.5%), Other service activities (1.4%), Electricy, gas, steam and air conditioning supply (0.3%), Wholesale and retail trade (0.3%), Public administration and defence, compulsory social security (0.2%), Education (0.2%), while there was a decrease in the following sectors:, Real estate activities (11.8%), Information and comunications (3.6%), Manufacturing (2.3%), Mining and quarrying (1.5%), Profesional, scientific and tehnical activities (1.3%), Arts, entertainment and recreation (0.7%), Transportation and storage (0.4%). 

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