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Montenegro reports 2.9% y/y consumer price inflation in September

Author Radomir Ralev
Montenegro reports 2.9% y/y consumer price inflation in September Author: AleGranholm Licence: Creative Commons, Attribution.

PODGORICA (Montenegro), October 14 (SeeNews) - Montenegro's consumer price index (CPI) rose 2.9% on an annual basis in September, after growing by 3.1% in August, the national statistical office said on Thursday.

On a monthly comparison basis, Montenegro's consumer prices went up 0.5% in September, after increasing by 0.1% in August, the statistical office said in a statement.

The biggest monthly rise in prices in September was recorded in the segment of clothing and footwear, up 4.0%.

On the other hand, the prices in the restaurants and hotels segment declined by 2.6%.

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