The Montenegrin parliament decided that the production at KAP should continue until a proper feasibility study on the aluminium industry development is drafted by October 20.The European Commission and the IMF revised dowards their 2013 GDP growth outlook for Montenegro to 1.8% and 1.2% respectively while the EBRD kept its forecast unchanged at 1%.
CPI inflation was 3.3% year on year in March, the same as a month earlier. Industrial production turned to a 10.4% year on year growth in March after shrinking 3.0% year on year in February due to strong increase in utilities output.
Unemployment rate stood at 14.1% as of early May, slightly down from 14.13% a month earlier.The Q1 foreign trade gap narrowed 13% year on year to EUR 273mn due to falling imports and rising exports.
CPI inflation was 3.3% year on year in March, the same as a month earlier. Industrial production turned to a 10.4% year on year growth in March after shrinking 3.0% year on year in February due to strong increase in utilities output.
Unemployment rate stood at 14.1% as of early May, slightly down from 14.13% a month earlier.The Q1 foreign trade gap narrowed 13% year on year to EUR 273mn due to falling imports and rising exports.
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