Retail Sales in Montenegro increased 14.20 percent in May of 2020 over the previous month.
Retail Sales Mom in Montenegro averaged 1.25 percent from 2010 until 2020, reaching an all time high of 25.90 percent in March of 2011 and a record low of -26.50 percent in April of 2020. This page provides - Montenegro Retail Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Retail Sales Mom in Montenegro is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Mom in Montenegro to stand at 12.00 in 12 months time. In the long-term, the Montenegro Retail Sales MoM is projected to trend around 14.40 percent in 2021 and 13.00 percent in 2022, according to our econometric models.