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20.06.2014

Average earnings (wages) May 2014


The average earnings (gross) in Montenegro in May 2014 are 726 Euro, while the average earnings without taxes and contributions (net) are 478 Euro. In comparison with April 2014, the average earnings without taxes and contributions (net) in May 2014 increased 0.8%. The average earnings without taxes and contributions (net) in May 2014 compared to May 2013 decreased 0.4%, while they decreased 0.2% compared to the average monthly earnings without taxes and contributions (net) in 2013. Having in mind that consumer prices in May 2014 comparing to April 2014 increased 0.3%, the results is that real earnings without taxes and contributions (net) in the same period increased 0,5 %.

At the sector level the average earnings without taxes and contributions (net) in May 2014 compared to April 2014 increased in the following sectors: Real estate activities (17.1%), Electricy,gas,steam and air conditioning supply (9,7%), Construction (5.9%), Transportation and storage (5,4%), Information and communication (5.0%), Agriculture, forestry and fishing (3.0%), Mining and quarring (2.7%), Accommodation and food service activities (2.6%), Human health and social work activities (1.8%), Manufacturing (1.7%), Public administration and defence, compulsory social security (1.6%), Other service activities (0.7%), Water supply, sewerage, waste management and remedation activities (0.2%), while there was a decreased in the following sectors: Administrative and support service activities (10.4%), Arts, entertainment and recreation (4.8%), Profesional, scientific and tehnical activities (3.4%), Wholesale and retail trade, repair of motor vehicles and motor recycles (1.2%) and Financial and insurance activities(1.0%).


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