Average salary(gross) in May 2022 in Montenegro amounted to 876 euros, and the average salary excluding taxes and contributions (net) was 710 euros, according to the Statistical OfficeMonstat.
The average (net) salary in May increased by 0.4% compared to April, and the average (net) salary in May 2022 rose by 34% compared to the same month last year.
“If we take into account that consumer prices in May increased by 0.8% compared to April, it follows that real wages recorded a decline of 0.4% over the same period,” Monstat said in a statement.