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Montenegro's retail sales growth speeds up in July

Author Radomir Ralev
Montenegro's retail sales growth speeds up in July hxdbzxy/Shutterstock.com

PODGORICA (Montenegro), August 30 (SeeNews) - Montenegro's retail sales grew by a real 5.8% year-on-year in July, after increasing by 5.2% a month earlier, official figures showed.

On a monthly comparison basis, retail trade turnover rose by a real 15.4% in July, after growing by 11.6% in June, according to data published by the country's statistical office, Monstat.

Calculated in current prices, retail sales grew by 6.6% on the year in July after rising by 6.2% in June.

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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