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Montenegro's retail sales growth slows in May

Montenegro's retail sales growth slows in May Retail. Author (SeeNews) License: all rights reserved.

PODGORICA (Montenegro), June 28 (SeeNews) - Montenegro's retail sales grew by a real 4.4% year-on-year in May, after increasing by 5.4% a month earlier, official figures showed.

On a monthly comparison basis, retail trade turnover rose by a real 4.5% in May, after growing by 5.6% in April, according to data published by the country's statistical office, Monstat.

Calculated in current prices, retail sales grew by 5.8% on the year in May after rising by 6.8% in April.

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