Retail Sales in Montenegro decreased 9.40 percent in November of 2019 over the previous month. Retail Sales Mom in Montenegro averaged 1.41 percent from 2010 until 2019, reaching an all time high of 25.90 percent in March of 2011 and a record low of -24.60 percent in January of 2018.

Retail Sales Mom in Montenegro is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Mom in Montenegro to stand at 13.00 in 12 months time. In the long-term, the Montenegro Retail Sales MoM is projected to trend around 13.00 percent in 2020, according to our econometric models.

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Montenegro Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-9.40 -12.10 25.90 -24.60 2010 - 2019 percent Monthly
Constant Prices, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 09:00 AM Aug 12.3% 15.4% 12.5%
2019-10-31 10:00 AM Sep -16% 12.3% -3.7%
2019-11-29 10:00 AM Oct -12.1% -16% -15%
2019-12-30 10:00 AM Nov -9.4% -12.1%
2020-02-05 10:00 AM Dec -9.4% 13%

Montenegro Consumer Last Previous Highest Lowest Unit
Retail Sales Yoy 4.90 5.70 43.06 -21.55 percent [+]
Consumer Spending 904879.00 779403.00 921922.00 544338.00 EUR Thousand [+]
Retail Sales Mom -9.40 -12.10 25.90 -24.60 percent [+]
Gasoline Prices 1.47 1.44 1.86 0.56 USD/Liter [+]
Consumer Credit 1342125.00 1332547.00 1342125.00 48809.00 EUR Thousand [+]