Producer prices in Montenegro decreased 0.7 percent year-on-year in December 2020, following a 0.6 percent drop in the previous month. It was the seventh consecutive month of falls in producer prices. Cost fell at a faster pace for manufacturing (-0.3 percent vs -0.1 percent in November) and at a softer pace for mining & quarrying (-2.7 percent vs -2.9 percent). Meantime, prices of electricity, gas and water supply showed no growth, the same as in previous months. On a monthly basis, producer prices were down 0.1 percent, after a 0.4 percent fall in November. source: Statistical Office of Montenegro

Producer Prices Change in Montenegro averaged 3.20 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 March of 2021.

Producer Prices Change in Montenegro is expected to be 1.20 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 2.50 in 12 months time. In the long-term, the Montenegro Producer Prices Change is projected to trend around 2.50 percent in 2022 and 1.30 percent in 2023, according to our econometric models.

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Montenegro Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -0.60 19.70 -9.90 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-15 09:00 AM Sep -0.9% -0.1% 0.3%
2020-11-16 10:00 AM Oct -0.4% -0.9% -1%
2020-12-15 10:00 AM Nov -0.6% -0.4% -0.2%
2021-01-21 10:00 AM Dec -0.7% -0.6% -0.4%
2021-03-16 10:30 AM Feb
2021-04-16 09:00 AM Mar
2021-05-14 09:00 AM Apr
2021-06-18 09:00 AM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Montenegro PPI Falls for 7th Month
Producer prices in Montenegro decreased 0.7 percent year-on-year in December 2020, following a 0.6 percent drop in the previous month. It was the seventh consecutive month of falls in producer prices. Cost fell at a faster pace for manufacturing (-0.3 percent vs -0.1 percent in November) and at a softer pace for mining & quarrying (-2.7 percent vs -2.9 percent). Meantime, prices of electricity, gas and water supply showed no growth, the same as in previous months. On a monthly basis, producer prices were down 0.1 percent, after a 0.4 percent fall in November.
2021-01-21
Montenegro Producer Prices Drop for 5th Month
Producer prices in Montenegro decreased 0.4 percent year-on-year in October 2020, following a 0.9 percent drop in the previous month. It was the fifth consecutive month of falls in producer prices. Cost fell at a softer pace for manufacturing (-0.8 percent vs -1.3 percent in September) and rebounded for mining & quarrying (0.1 percent vs -1.3 percent). Meantime, prices of electricity, gas and water supply showed no growth, the same as in September. On a monthly basis, producer prices were up 0.6 percent, after a 0.6 percent fall in September.
2020-11-16
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 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.