Monday February 27 2017
Montenegro Consumer Credit at 1022445.00 EUR Thousand


Consumer Credit in Montenegro increased to 1022445 EUR Thousand in January from 1018023 EUR Thousand in December of 2016.





Monday February 27 2017
Montenegro Consumer Price Index (CPI) at 102.00 Index Points


Consumer Price Index CPI in Montenegro increased to 102 Index Points in January from 100.90 Index Points in December of 2016.





Monday February 27 2017
Montenegro Inflation Rate MoM at 0.30 percent


The Consumer Price Index in Montenegro increased 0.30 percent in January of 2017 over the previous month.





Monday February 27 2017
Montenegro Exports at 23346.00 EUR Thousand


Exports from Montenegro jumped 45.1 percent year-on-year to EUR 23 million in January of 2017, as sales advanced further for crude material, inedible, except fuels (+155.4 percent); manufactured goods (+45.3 percent); mineral fuels, lubricants and raw materials (+24.6 percent); machinery and transport equipment (+24 percent) and food (+14.1 percent). Main export partners were: Serbia (17.2 percent of total exports); Hungary (13.3 percent) and Bosnia and Herzegovina (12.6 percent).





Monday February 27 2017
Montenegro Imports at 93584.00 EUR Thousand


Imports to Montenegro rose 10.8 percent year-on-year to EUR 93.6 million in January of 2017, boosted by chemicals (+25 percent); manufactured goods (+21 .7 percent); minerals fuels, lubricants and related materials (+15.3 percent), machinery and transport equipment (+11.2 percent) and miscellaneous manufactured articles (+13.1 percent). Most of imports came from Serbia (20.4 percent of total imports); China (10.2 percent) and Germany (8.5 percent).





Monday February 27 2017
Montenegro Inflation Rate at 2.00 percent


Consumer prices in Montenegro advanced 2 percent year-on-year in January of 2017, following a 0.9 percent rise in the previous month. It was the highest inflation rate since May of 2015, as prices increased at a faster pace for food and non-alcoholic beverages (1.2 percent vs 0.4 percent in December), housing and utilities (2.5 percent vs 1.1 percent) and transport (8.6 percent vs 1.5 percent). Additional upward pressure came from: clothing and footwear (0.5 percent vs 1.4 percent), communication (0.3 percent, the same as in December), health (3.7 percent, the same as in December), alcoholic beverages and tobacco (3 percent vs 3.1 percent), recreation and culture (0.2 percent vs 0.1 percent) and restaurants and hotels (3.1 percent vs 2.7 percent). On a monthly basis, consumer prices went up 0.3 percent, after increasing 0.2 percent in December.





Monday February 27 2017
Montenegro Food Inflation at 1.20 percent


Cost of food in Montenegro increased 1.20 percent in January of 2017 over the same month in the previous year.





Monday February 27 2017
Montenegro Balance of Trade at -70238.00 EUR Thousand


The trade deficit in Montenegro rose to EUR 70 million in January of 2017 from a EUR 68 million gap a year earlier. Year-on-year, exports jumped 45.1 percent to EUR 23 million, as sales advanced further for crude material, inedible, except fuels (+155.4 percent); manufactured goods (+45.3 percent); mineral fuels, lubricants and raw materials (+24.6 percent); machinery and transport equipment (+24 percent) and food (+14.1 percent). Main export partners were: Serbia (17.2 percent of total exports); Hungary (13.3 percent) and Bosnia and Herzegovina (12.6 percent). Imports rose 10.8 percent to EUR 93.6 million, boosted by chemicals (+25 percent); manufactured goods (+21 .7 percent); minerals fuels, lubricants and related materials (+15.3 percent), machinery and transport equipment (+11.2 percent) and miscellaneous manufactured articles (+13.1 percent). Most of imports came from Serbia (20.4 percent of total imports); China (10.2 percent) and Germany (8.5 percent).





Monday February 27 2017
Montenegro Industrial Production MoM at -36.60 percent


Industrial Production in Montenegro decreased 36.60 percent in January of 2017 over the previous month.





Monday February 27 2017
Montenegro Industrial Production at -19.50 percent


Industrial production in Montenegro went down 19.5 percent year-on-year in January of 2017, after rising by 9.1 percent in the previous month. It was the highest decrease since November of 2014, as output fell sharply for non-durables (-45.9 percent from +9.1 percent in December of 2016), energy (-23.4 percent from +17.5 percent) and capital goods (-7.3 percent from -17.6 percent). In addition, output for consumer durables rose slightly less (+9.7 percent from +10.4 percent) while intermediate goods increased further (+6.5 percent from +3.4 percent). By sector, production went down for manufacturing (-21.6 percent from +2.4 percent) and electricity, gas, steam (-26.3 percent from 20.1 percent) while accelerated for mining (53.3 percent from 7.6 percent). On a monthly basis, industrial production declined 36.6 percent compared to 1 percent rise in December.