Producer prices in Montenegro rose 2.4 percent year-on-year in December of 2018, down from a 2.9 percent increase in the prior month. It is the softest producer inflation since September. On a monthly basis, producer prices dropped 0.1 percent, after gaining 0.1 percent in the previous month. Producer Prices Change in Montenegro averaged 3.43 percent from 2001 until 2018, 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.
Producer Prices Change in Montenegro is expected to be 2.20 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 2.20 in 12 months time. In the long-term, the Montenegro Producer Prices Change is projected to trend around 2.40 percent in 2020, according to our econometric models.