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NewsIndustrial producer prices in Montenegro rise 2.7% year-on-year in Q3

Industrial producer prices in Montenegro rise 2.7% year-on-year in Q3

In the third quarter of this year, producer prices for industrial products in Montenegro rose by 2.7% compared to the same period last year, according to data from Monstat.

Statistics show that the mining and quarrying sectors saw a notable increase of 7.9%, while the manufacturing industry experienced a rise of 1.7%.

“In the electricity, gas, steam, and air conditioning supply sector, prices remained stable, reflecting the same levels as in the third quarter of last year,” the statement noted.

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When compared to the previous quarter, producer prices for industrial goods fell by 0.4%. The mining and quarrying sector reported a decline of 3.2%, while the manufacturing sector recorded a slight increase of 0.4%. Prices in the electricity, gas, steam, and air conditioning supply sector also remained unchanged from the second quarter.

This content is exclusively available to users of the MINA Agency.

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