Producer prices in Montenegro rose 2.9 percent year-on-year in June of 2019, accelerating from a 1.9 percent increase in the previous month. Electricity, gas and water prices advanced 3.8 percent, after showing no growth in May and mining & quarrying inflation climbed to 4.8 percent in June from 4 percent, due to higher prices of coal (5.1 percent from 4.3 percent). On the other hand, cost slowed for manufacturing (1.7 percent from 2.2 percent), namely food (2.7 percent from 2.9 percent); non-metallic minerals (2.5 percent from 4.9 percent); basic metals (1.2 percent from 1.9 percent) and furniture (1.8 percent from 1.9 percent). On a monthly basis, producer prices went up 1.3 percent, after a 1.1 percent fall in May. Producer Prices Change in Montenegro averaged 3.39 percent from 2001 until 2019, reaching an all time high of 19.70 percent in August of 2001 and a record low of -9.90 percent in August of 2009.

Producer Prices Change in Montenegro is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Montenegro to stand at 0.70 in 12 months time. In the long-term, the Montenegro Producer Prices Change is projected to trend around 1.30 percent in 2020, according to our econometric models.

Montenegro Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-16 09:00 AM PPI YoY 1.2% 1.5% 1.3%
2019-05-15 09:00 AM PPI YoY 3.3% 1.2% 1.3%
2019-06-18 09:00 AM PPI YoY 1.9% 3.3% 2.9%
2019-07-17 09:00 AM PPI YoY 2.9% 1.9% 2.7%
2019-08-15 09:00 AM PPI YoY 2.9%
2019-09-17 09:00 AM PPI YoY
2019-10-15 09:00 AM PPI YoY


Montenegro Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 0.70 26.50 -1.40 percent [+]
Inflation Rate Mom -0.70 0.20 5.00 -1.10 percent [+]
Consumer Price Index CPI 104.90 105.60 105.60 89.80 Index Points [+]
Producer Prices 170.60 168.40 170.60 93.20 Index Points [+]
Harmonised Consumer Prices 106.40 106.60 107.20 89.90 Index Points [+]
Producer Prices Change 2.90 1.90 19.70 -9.90 percent [+]
Food Inflation 3.20 4.10 8.70 -3.60 percent [+]
Export Prices 134.20 135.10 140.90 88.00 Index Points [+]
Cpi Housing Utilities 102.70 104.40 105.00 84.78 Index Points [+]
Cpi Transportation 106.90 108.00 109.90 92.63 Index Points [+]


Montenegro Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Montenegro Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 1.90 19.70 -9.90 2001 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 65.90 May/19
Australia 1.90 Mar/19
Brazil 7.30 Jun/19
Canada 0.60 May/19
China 0.00 Jun/19
Euro Area 1.60 May/19
France 0.80 May/19
Germany 1.90 May/19
India 2.02 Jun/19
Indonesia 1.93 May/19
Italy 1.50 May/19
Japan -0.10 Jun/19
Mexico 3.18 May/19
Netherlands 2.09 May/19
Russia 4.10 Jun/19
Saudi Arabia 2.20 May/19
Singapore -2.50 May/19
South Africa 6.40 May/19
South Korea 0.40 May/19
Spain 1.10 May/19
Switzerland -1.40 Jun/19
Turkey 25.04 Jun/19
United Kingdom 1.60 Jun/19
United States 1.70 Jun/19


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