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Montenegro's real net wage falls 0.5% m/m in March - table

Montenegro's real net wage falls 0.5% m/m in March - table Author: Montenegro's Transport Ministry. Licence: All rights reserved.

PODGORICA (Montenegro), April 28 (SeeNews) – Montenegro's average net monthly earnings fell by a real 0.5% month-on-month in March, reversing a 0.6% monthly growth in February, statistics office data showed on Thursday.

The average net earnings in March were 488 euro ($554), down by a nominal 0.6% from February, data from the statistics office indicated.

The gross average wage was 734 euro last month, 0.7% lower from February's figure.

Following are details for Montenegro's average monthly wages:

  March
y/y
Feb
y/y
March
m/m
Feb
m/m
Real net
wage growth
n.a
 
n.a. -0.5% +0.6%
Nominal net
wage growth
+2.5% +1.7% -0.6% +0.2%

source: Monstat

($=0.8801 euro)

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