Montenegro Monthly Report - October, 2013

November 5, 2013

This report covers the main macroeconomic releases from early till end-October as well as the financial and political events that took place in Montenegro during this period. The EC said Montenegro meets the political criteria for EU membership but needs to boost its competitiveness.

Greek shipowner Victor Restis sold its Montenegrin lender First Financial Bank for EUR 500,460. Montenegro moved to cancel privatisation of Adriatic port operator to Latvian consortium and will open a new tender for the sale of cigarette maker NDKP.

September’s consumer price index (CPI) rose 1.8% year on year, slowing down from a 2.2% year on year increase the month before due to falling transport, restaurants and hotels and furnishing prices. The industrial production growth slowed to 3% year on year in September from 9% year on year in August, due to falling mining and quarrying output.

The foreign trade deficit narrowed 5.8% year on year to EUR 1.05bn in January-September thanks to rising exports (mainly energy) and falling imports.
Net inflow of FDI to Montenegro contracted 7.6% year on year to EUR 213.1mn in January-August.

To view this extensive report in full including details such as —

  • Macroeconomic Analysis
  • Politics Analysis
  • Industrial sectors and trade
  • FX, Financials and Capital Markets
  • And more!

For a one-off purchase click here

For an annual subscription click here

For a free sample click here

Related Reports

Poland Outlook Report - 2026

ED – this is bne IntelliNews's annual OUTLOOK report for Poland. We are making forward-looking assessments for major Global Emerging Markets in Emerging Europe, Asia, Latin America, Africa and the ... more

Kenya Outlook Report - 2026

ED – this is bne IntelliNews's annual OUTLOOK report for Kenya. We are making forward-looking assessments for major Global Emerging Markets in Emerging Europe, Asia, Latin America, Africa and the ... more

Nigeria Outlook Report - 2026

ED – this is bne IntelliNews's annual NIGERIA OUTLOOK 2026. We are making forward-looking assessments for major Global Emerging Markets in Emerging Europe, Asia, Latin America, Africa and the ... more

Dismiss
liveChat() ?>