Motor vehicles trade slows down in Montenegro

Turnover in wholesale and retail trade of motor vehicles and motorcycles in Montenegro in 2012 compared with 2011 decreased by 13.5%, reports the Statistics Authority of Montenegro. Turnover in wholesale trade decreased by 5.1% and in retail trade by 19.8% compared with 2011.In...

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Motor vehicles trade slows down in Montenegro



Balkans Business News Correspondent - 26.02.2013

Turnover in wholesale and retail trade of motor vehicles and motorcycles in Montenegro in 2012 compared with 2011 decreased by 13.5%, reports the Statistics Authority of Montenegro. Turnover in wholesale trade decreased by 5.1% and in retail trade by 19.8% compared with 2011.

In 2012, the number of stores within the wholesale and retail trade of motor vehicles and motorcycles decreased by 0.1% compared with 2011. It decreased by 2.2% in the wholesale trade of motor vehicles and motorcycles, while in retail trade of motor vehicles and motorcycles it increased by 0.4%.

The number of employees in the total wholesale and retail trade of motor vehicles and motorcycles decreased by 3.6% in 2012 compared with 2011. Within the wholesale trade of motor vehicles and motorcycles, the number of employees decreased by 8.4%, while in retail trade of motor vehicles and motorcycles it increased by 1.5%.

Source Statistical Office of Montenegro


Misi Vallo
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