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MINA News

Average net salary amounts to €1,000 in March

Podgorica, (MINA-BUSINESS) – The average net salary in Montenegro amounted to €1,000 in March, up 0.1 percent on February.

According to the Statistical Office, the average net salary increased by 21.6 percent in March, compared to last year’s corresponding period.

The average gross salary reached nearly €1,200 in March.

“Given that, compared with January, the consumer prices increased by 0.3 percent in March, the real wages in Montenegro decreased by 0.2 percent in this period,” stated a press release issued by Monstat.

In March, average net salaries increased in the field of real estate, professional, scientific and technical activities, accommodation and food services, financial and insurance services, water supply, wastewater management, process control, waste disposal and similar services, information and communications, civil engineering, transport and warehousing, administrative and supporting services, other services, healthcare and social welfare, agriculture, forestry and fisheries.

In the same period, average net salaries decreased in the field of electricity and gas supply and air conditioning, art, entertainment and recreation, mining and quarrying, processing industry, public administration and defence: mandatory social insurance, wholesale and retail trade, maintenance of motor vehicles and motorcycles, and education.