Montenegro's retail trade with motor vehicles and motorcycles dropped by 37.1% y/y (in constant prices) in September after falling an annual 31.8% in August, according to data published by the statistics office. In monthly terms, the sector shrank by 9.1% following a 2.9% monthly drop in August. When calculated in current prices, trade with motor vehicles and motorcycles dropped by 37.4% y/y in September. The cumulative figures since the start of the year indicate a 19% annual decline (in current prices). Retail trade with parts and equipment for motor vehicles also shrank by an annual 58.7% y/y in September. |
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