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Montenegro swings to industrial producer price inflation in 2017 - table

Montenegro swings to industrial producer price inflation in 2017 - table VMRO-DPMNE/All Rights Reserved.

PODGORICA (Montenegro), January 19 (SeeNews) - Montenegro's average producer prices in the industrial sector rose 0.4% in 2017 after edging down 0.1% in the previous year, the country's statistical office said on Friday.

In December alone, the producer prices in Montenegro's industrial sector increased by 0.1% year-on-year, after falling 0.5% in November, the statistical office said in a monthly report.

Compared to the previous month, producer prices grew by 0.4% in December after falling by 0.1% in November.

Details of Montenegro's producer price index (PPI) follow, breakdown by type of industry (y/y pct change):

  Dec'17 Nov'17
Manufacturing -3.0 -4.2
Mining -3.1 -2.1
Utilities 5.3 5.3
Total 0.1 -0.5

 

Author Radomir Ralev
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