Montenegro's producer prices fell 0.9 percent over a year earlier in September of 2020, following a 0.1 percent decrease in the previous month. It was the largest decline in producer prices in five months, as cost of mining dropped (-1.3 percent from 1.9 percent in August). Also, prices of manufacturing went down further (-1.3 percent from -0.1 percent). Meantime, cost of electricity, gas and water supply prices remained flat. On a monthly basis, producer prices declined 0.6 percent, after rising 0.2 percent in the prior month.

Producer Prices Change in Montenegro averaged 3.25 percent from 2001 until 2020, 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. This page provides - Montenegro Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Producer Prices Change in Montenegro is expected to be 1.00 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 1.00 in 12 months time. In the long-term, the Montenegro Producer Prices Change is projected to trend around 1.30 percent in 2021, according to our econometric models.

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Montenegro Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -0.10 19.70 -9.90 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 09:00 AM Jun -0.5% 0.3% -0.5%
2020-08-17 09:00 AM Jul -0.6% -0.5% -0.3%
2020-09-17 09:00 AM Aug -0.1% -0.6% -0.5%
2020-10-15 09:00 AM Sep -0.9% -0.1% 0.3%
2020-11-16 10:00 AM Oct -0.9%
2020-12-17 10:00 AM Nov


News Stream
Montenegro Producer Prices Drop at a Faster Pace in September
Montenegro's producer prices fell 0.9 percent over a year earlier in September of 2020, following a 0.1 percent decrease in the previous month. It was the largest decline in producer prices in five months, as cost of mining dropped (-1.3 percent from 1.9 percent in August). Also, prices of manufacturing went down further (-1.3 percent from -0.1 percent). Meantime, cost of electricity, gas and water supply prices remained flat. On a monthly basis, producer prices declined 0.6 percent, after rising 0.2 percent in the prior month.
2020-10-15
Montenegro Producer Prices Fall Less in August
Montenegro's producer prices dropped by 0.1 percent from a year earlier in August of 2020, following a 0.6 percent decrease in the previous month. Prices fell much less for manufacturing (-0.1 percent vs -0.8 percent in July) while mining cost rebounded (1.9 percent vs -1 percent). Meantime, electricity, gas and water supply prices remained flat. On a monthly basis, producer prices went up 0.2 percent, after falling 0.2 percent in the prior month.
2020-09-17
Montenegro Producer Prices Fall for 2nd Month
Montenegro's producer prices declined by 0.6 percent from a year earlier in July 2020, following a 0.5 percent drop in the previous month, led by falls in mining and quarrying (-1.0 percent) and manufacturing (-0.8 percent). Meanwhile, cost for electricity, gas and water supply was unchanged. On a monthly basis, producer prices fell 0.2 percent, after a 0.5 percent gain in June.
2020-08-17
Montenegro Producer Prices Drop in June
Producer prices in Montenegro decreased 0.5 percent from a year earlier in June of 2020, after rising 0.3 percent in May, amid falling prices of mining & quarrying (-2.5 percent vs -2.9 percent) and manufacturing (-0.1 percent vs -0.7 percent). Meantime, costs were flat electricity, gas, steam & air conditioning supply (vs 3.8 percent in May). On a monthly basis, producer prices were up 0.5 percent, following a 0.2 percent increase in the prior month.
2020-07-17

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.