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HomeEconomyAverage June Earnings in Montenegro 838 Euros

Average June Earnings in Montenegro 838 Euros

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Average Earnings in Montenegro for June: €838

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    <p>The average gross salary in Montenegro for June, according to the Montenegrin Statistical Institute MONSTAT, stood at 838 euros—an increase of 0.7 percent compared to May.</p>
    <p>Year over year, the average net salary grew by 5.4 percent, while the average gross earnings reached 1,050 euros for the month.</p>
    <p><strong>"In June, consumer prices saw a minor increase of 0.1 percent from May, resulting in a 0.6 percent rise in real wages for the same period," MONSTAT stated.</strong></p>
    <p>Wage increases without taxes and contributions were noted in sectors such as water and waste management (2.8 percent), real estate handling, electricity, gas, steam and air conditioning (2.8 percent), as well as agricultural, forestry, and fisheries (2.2 percent).</p>
    <p>Additionally, eight other sectors reported salary growth between 0.5 and 1.3 percent.</p>
    <p>However, there was a decline in average gross wages in education (0.2 percent) and in transport, storage, information and communication, as well as health and social protection sectors (0.1 percent).</p>
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