Montenegro's retail trade rose by 5.8% y/y (in constant prices) in March 2012, down from 12.5% y/y in Feb and 16.9% y/y in Jan, according to data published by the statistics office. In monthly terms, the retail trade index rose in March for the first time since the start of the year - by 18.4%, after dropping by 2.2% in Feb and 16.8% in Jan. The retail trade index has increased by 11.2% y/y in the period from Jan through March. Retail sales stayed above their year-ago level during all 12 months of 2011 and the retail trade turnover index ended the year up 31.7% y/y. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more