spot_img
Monday, June 30, 2025
Partnered withspot_img

Average May salary rises amid inflation, real wages slightly decline

Supported byOwner's Engineer banner

In May, the average salary in Montenegro, before taxes and contributions, was €1,010, marking a 0.5% increase compared to April, according to Monstat data.

The average net salary in May rose by 21.9% compared to the same month last year, while the average gross salary reached €1,200.

Supported by

However, with consumer prices increasing by 0.6% from April to May, real wages slightly decreased by 0.1% during the same period.

Salary growth was recorded in several sectors, including agriculture, forestry and fishing (3.1%), other service activities (1.4%), manufacturing and accommodation and food services (both 1.2%), water supply and waste management (1.1%), and wholesale and retail trade (1%).

Supported byVirtu Energy

Moderate increases were also seen in arts and entertainment, mining, professional and scientific activities, health and social care, transport and storage, public administration, construction, and information and communication.

Sectors experiencing a decline in average salary compared to April included real estate (-6.7%), financial and insurance activities (-1.4%), education (-0.3%), and electricity, gas, steam, and air conditioning supply (-0.1%).

Supported byElevatePR Montenegro

Related posts

error: Content is protected !!