Montenegro: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 4.4 percent as of August 2026, a decline compared to the previous value of 5.28 percent. Historically, the average for Montenegro from January 2001 to August 2026 is 8.08 percent. The minimum of -22.3 percent was recorded in September 2009, while the maximum of 53.09 percent was reached in August 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
- Source: Eurostat
| Recent values | Montenegro: Retail sales Y-on-Y |
|---|---|
| 2026  Aug | 4.4 |
| 2026  Jul | 5.28 |
| 2026  Jun | 6.19 |
| 2026  May | 1.88 |
| 2026  Apr | 4.73 |
| 2026  Mar | 6.48 |
| 2026  Feb | 2.93 |
| 2026  Jan | 4.29 |
Download data from our database Other resources: All indicators for Montenegro All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 26.50 | 7/2026 | percent |
| Retail sales | 142.50 | 8/2026 | index points |
| Retail sales Y-on-Y | 4.40 | 8/2026 | percent |
| Business confidence survey | 13.47 | 12/2024 | points |
| Consumer confidence | -6.80 | 9/2026 | points |