Thursday June 29 2017
Montenegro GDP Annual Growth Rate at 3.20 percent


The economy of Montenegro advanced 3.2 percent year-on-year in the first quarter of 2017, following a 3.4 percent growth in the previous period. Government spending slowed (6.5 percent from 10.6 percent in Q4 of 2016) while growth accelerated for household expenditure (6.3 percent from 5.3 percent in Q3) and investment (27.8 percent from 27 percent in Q3). Also, foreign trade contributed less negatively as exports (15.1 percent from 1.5 percent) grew more than imports (10.8 percent from 10.4 percent).





Thursday June 29 2017
Montenegro Current Account to GDP at -13.30 percent


Montenegro recorded a Current Account deficit of 13.30 percent of the country's Gross Domestic Product in 2015.





Thursday June 29 2017
Montenegro GDP Constant Prices at 728.20 EUR Million


GDP Constant Prices in Montenegro decreased to 933.40 EUR Million in the fourth quarter of 2016 from 1208.91 EUR Million in the third quarter of 2016.





Thursday June 29 2017
Montenegro Consumer Credit at 1069065.00 EUR Thousand


Consumer Credit in Montenegro increased to 1069065 EUR Thousand in May from 1056953 EUR Thousand in April of 2017.





Thursday June 29 2017
Montenegro Balance of Trade at -179577.00 EUR Thousand


The trade deficit in Montenegro decreased to EUR 179.6 million in May of 2017 from a EUR 185.8 million gap a year ago. Exports increased 4.8 percent to EUR 28.8 million while imports fell 2.3 percent to EUR 208.3 million. Considering January to May, trade gap widened to EUR 704.7 million from EUR 663.6 million a year earlier. Exports rose 22.7 percent, led by crude materials (111.9 percent); mineral fuels, lubricants and raw materials (28.3 percent) and food (27.2 percent). Sales went up to Bosnia and Herzegovina (201.1 percent), Kosovo (24.1 percent) and Slovenia (36.7 percent). Imports advanced 8.6 percent, led by chemicals (15.7 percent); manufactured goods (12.5 percent); minerals fuels (53.2 percent) and crude materials, inedible, except fuels (17.5 percent). Purchases increased from Serbia (11.2 percent), Bosnia and Herzegovina (34.4 percent) and Greece (41.4 percent).





Thursday June 29 2017
Montenegro Exports at 28762.00 EUR Thousand


Exports from Montenegro increased 4.8 percent year-on-year to EUR 28.8 million in May of 2017. Considering January to May, sales rose 22.7 percent, led by crude materials (111.9 percent); mineral fuels, lubricants and raw materials (28.3 percent) and food (27.2 percent). Sales went up for Bosnia and Herzegovina (201.1 percent), Kosovo (24.1 percent) and Slovenia (36.7 percent).





Thursday June 29 2017
Montenegro Imports at 208340.00 EUR Thousand


Imports to Montenegro declined 2.3 percent year-on-year to EUR 208.4 million in May of 2017. Considering January to May, purchases rose 8.6 percent, led by chemicals (15.7 percent); manufactured goods (12.5 percent); minerals fuels (53.2 percent) and crude materials, inedible, except fuels (17.5 percent). Purchases increased from Serbia (11.2 percent), Bosnia and Herzegovina (34.4 percent) and Greece (41.4 percent).





Thursday June 29 2017
Montenegro Industrial Production at -1.20 percent


Industrial production in Montenegro shrank 1.2 percent year-on-year in May of 2017, following a 10.2 percent decline in the previous month. It is the third straight month of contraction in industry, dragged down by electricity, gas, steam and air conditioning supply (-74.5 percent vs -55.1 percent in April). In addition, output slowed for mining (165.1 percent vs 195.7 percent). Meanwhile, manufacturing production expanded further (33.3 percent vs 20.6 percent). On a monthly basis, industrial output increased 5.8 percent compared to a 14.6 percent decline in April.





Thursday June 29 2017
Montenegro Industrial Production MoM at 5.80 percent


Industrial Production in Montenegro increased 5.80 percent in May of 2017 over the previous month.





Thursday June 29 2017
Montenegro Manufacturing Production at 33.30 percent


Manufacturing Production in Montenegro increased 33.30 percent in May of 2017 over the same month in the previous year.