Retail trade turnover in Montenegro increased by 8.4% in current prices and 4.6% in constant prices in the second quarter of 2025 compared to the same period in 2024, according to data from Monstat.
Compared to the first quarter of 2025, retail trade turnover rose by 28.7% in current prices and 25.9% in constant prices.
Turnover in retail trade of motor fuels was 0.9% lower in Q2 2025 compared to Q2 2024, but 22.3% higher than in Q1 2025.
Food retail trade turnover increased by 9.4% year-on-year and by 32.2% quarter-on-quarter.
Sales of pharmaceutical and cosmetic products rose by 9.6% compared to Q2 2024 and by 6.8% compared to Q1 2025.
Retail trade in other non-food products grew by 8% year-on-year and 32.5% quarter-on-quarter.
Monstat explained that the retail trade statistics cover the turnover of companies whose main activity is retail trade. The data source is VAT return reports from the Tax Administration, as of July 22, 2025.
The survey includes companies classified under section 47 according to the activity classification system (KD 2010). Retail trade turnover reflects the value of goods sold to final consumers for personal use and to legal or natural persons for business purposes. Constant price indices were calculated by adjusting current price indices using appropriate consumer price indices.
