Montenegrin avg net wage slightly up in December

Figures

Photo by Pixabay

Montenegro's average net monthly earnings went up 0.4% month-on-month in December, after declining by 0.1% in November, data from the Podgorica-based Statistical Office (Monstat) showed on Wednesday.

Net earnings rose by an annual 2.4% in December, after growing by 1.9% in November.

The average net earnings amounted to EUR 537 in December, while gross average wage totaled EUR 802.

Meanwhile, figures from the statistics agency showed that Montenegro's average net monthly earnings went down by a real 0.9% year-on-year to EUR 532 in 2021. In a separate report Monstat said that Montenegro's retail sales rose by a real 12.7% year-on-year in the fourth quarter of 2021.

On a quarterly comparison basis, retail trade turnover, however, went down by a real 20.4% in Q4. 

Moody's Affirms Budapest's 'Baa3' Rating Ratings

Moody's Affirms Budapest's 'Baa3' Rating

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Hungary, UAE Sign Defense Industry Agreement Deals

Hungary, UAE Sign Defense Industry Agreement

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.