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Montenegro's retail sales growth accelerates in October

Author Radomir Ralev
Montenegro's retail sales growth accelerates in October Author: Caden Crowford Licence: Creative Commons

PODGORICA (Montenegro), November 2 (SeeNews) - Montenegro's retail sales grew by a real 5.7% year-on-year in October, after increasing by 4.6% a month earlier, official figures showed.

On a monthly comparison basis, retail trade turnover fell by a real 12.1% in October, after declining by 16% in September, according to data published by the country's statistical office, Monstat.

Calculated in current prices, retail sales went up by 6.4% on the year in October after rising by 4.6% in September.

Montenegro's retail sales grew by a real 3.4% in 2018 after rising by 3.3% in the previous year.

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