PODGORICA (Montenegro), January 26 (SeeNews) – Montenegro's average net wage increased by 4.2% year-on-year in real terms in 2016 following a 0.9% decline in 2015, statistical office data showed.
In nominal terms, the average net wage was 499 euro ($535.2 euro) in 2016, up 4.0% on the year.
The average net wage in the country in December was 509 euro, up 4.1% year-on-year, following 4.4% annual growth in November.
On a monthly comparison basis, the average net wage was 1.2% higher in December, accelerating from a 0.2% monthly rise in November, the data indicated.
($=0.9324 euro)