Retail Sales in Montenegro increased 12.30 percent in August of 2019 over the previous month. Retail Sales Mom in Montenegro averaged 1.77 percent from 2010 until 2019, reaching an all time high of 25.90 percent in March of 2011 and a record low of -24.60 percent in January of 2018.
Retail Sales Mom in Montenegro is expected to be -3.80 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 13.00 in 12 months time. In the long-term, the Montenegro Retail Sales MoM is projected to trend around 13.00 percent in 2020, according to our econometric models.