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director - Ministarstvo finansija

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Macrofiscal report<br />

BULLETIN OF THE MINISTRY OF FINANCE/JANUARY-MARCH 2006<br />

to all indicators as follows: comparing to<br />

average production per month as of last year-<br />

6,8%; comparing to previous month of this<br />

year - 11,3%; comparing to the same month<br />

of the last year - 3,0% and for the period<br />

from January to March this year as compared<br />

to the same period last year - 4,4%.<br />

9. COST OF LIVING<br />

8. RETAIL PRICES<br />

Retail prices in the Republic of<br />

Montenegro in March 2006 were only higher<br />

by 0,1% as compared to February.<br />

Retail prices’ rate of growth in March<br />

2006 was higher by 0,5% as compared to<br />

December, or inflation for the first three<br />

months this year is only 0,5%.<br />

Increase of retail prices of items and services<br />

for personal consumption i.e. living costs<br />

in March 2006 was higher by 0,2% as compared<br />

to February.<br />

10. EARNINGS<br />

Average earnings in March 2006 in<br />

Montenegro amounted to EUR 362,93, while<br />

average earnings without taxes and contributions<br />

amounted to EUR235,63.<br />

As compared to February, average earnings<br />

without taxes and contributions were<br />

47

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