Producer prices in Montenegro dropped 1 percent over a year earlier in April 2020, after increasing 1.1 percent in the previous month. It was the first decrease in producer prices since January 2018, as cost of mining & quarrying declined (-9.4 percent from 1.3 percent in March) and manufacturing prices continued to fall (-0.6 percent, the same as in March). Meantime, inflation was steady for electricity, gas, steam & air conditioning supply (at 3.8 percent). On a monthly basis, consumer prices went down 0.2 percent, following a 0.1 percent fall in the prior month.

Producer Prices Change in Montenegro averaged 3.33 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 June of 2020.

Producer Prices Change in Montenegro is expected to be 2.00 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
-1.00 1.10 19.70 -9.90 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-21 10:00 AM Jan 1.8% 2.3%
2020-03-16 10:30 AM Feb 1% 1.8% 2%
2020-04-16 09:00 AM Mar 1.1% 1% 0.3%
2020-05-15 09:00 AM Apr -1% 1.1% -1%
2020-06-18 09:00 AM May -1%
2020-07-17 09:00 AM Jun 2%
2020-08-14 09:00 AM Jul
2020-09-17 09:00 AM Aug


News Stream
Montenegro Producer Prices Fall for 1st time in Over 2 Years
Producer prices in Montenegro dropped 1 percent over a year earlier in April 2020, after increasing 1.1 percent in the previous month. It was the first decrease in producer prices since January 2018, as cost of mining & quarrying declined (-9.4 percent from 1.3 percent in March) and manufacturing prices continued to fall (-0.6 percent, the same as in March). Meantime, inflation was steady for electricity, gas, steam & air conditioning supply (at 3.8 percent). On a monthly basis, consumer prices went down 0.2 percent, following a 0.1 percent fall in the prior month.
2020-05-15
Montenegro Producer Inflation Rises to 1.1% in March
Producer prices in Montenegro rose 1.1 percent year-on-year in March of 2020, accelerating from a 1 percent increase in the previous month, as cost of mining & quarrying advanced faster (1.3 percent vs 0.4 percent in February). Meantime, inflation was steady for electricity, gas, steam & air conditioning supply (at 3.8 percent) and manufacturing prices continued to fall (-0.6 percent, the same as in February). On a monthly basis, consumer prices edged down 0.1 percent, after a 0.8 percent drop in the prior month.
2020-04-16
Montenegro January Producer Inflation Nears 1-Year Low of 1.8%
Producer prices in Montenegro went up 1.8 percent year-on-year in January of 2020, down from a 2.3 percent rise in the previous month. It was the lowest producer inflation rate since last March, as prices slowed sharply for mining & quarrying (2.9 percent vs 6.1 percent in December). Meantime, inflation ticked up for manufacturing (0.2 percent vs 0.1 percent) while it was steady for electricity, gas, water (at 3.8 percent). On a monthly basis, producer prices increased 0.3 percent, after dropping 0.1 percent in the preceding month.
2020-02-21
Montenegro Producer Inflation Steady at 2.3% in December
Producer prices in Montenegro rose 2.3 percent year-on-year in December of 2019, unchanged from the previous month. It remained the lowest producer inflation in seven months, as manufacturing cost slowed (0.1 percent vs 0.3 percent in November) while inflation was steady for electricity, gas & water (at 3.8 percent). Meanwhile, mining & quarrying prices advanced faster (6.1 percent vs 5.0 percent). On a monthly basis, producer prices went down 0.1 percent, after decreasing 0.2 percent in the previous month.
2020-01-21

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.