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Montenegro's average net wage declines in July

Author Radomir Ralev
Montenegro's average net wage declines in July Bragin Alexey/Shutterstock.com

PODGORICA (Montenegro), August 30 (SeeNews) – Montenegro's average net monthly earnings fell by 1.0% month-on-month in July, after rising by 0.6% in June, the country's statistical office said on Friday.

Having in mind that consumer prices in July went down by 0.1% on the month, real net earnings without taxes and contributions declined by 0.9% month-on-month, the statistical office said in a monthly wage report.

The average net earnings in Montenegro amounted to 511 euro ($564.1) in July, down from 516 euro in June.

Montenegro's gross average wage totalled 767 euro in July, down from June's 775 euro.

($ = 0.905808 euro)

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