December 15 (SeeNews) - Montenegro's producer prices in the industrial sector declined by 0.5% year-on-year in November after falling 0.2% in October, the country's statistical office said on Friday.
Compared to the previous month, producer prices edged down by 0.1% in November after falling by the same monthly rate in October, the statistical office said in a monthly report.
Details of Montenegro's producer price index (PPI) follow, breakdown by type of industry (y/y pct change):
|
November'17 |
October'17 |
Manufacturing |
-4.2 |
-3.9 |
Mining |
-2.1 |
-0.2 |
Utilities |
5.3 |
5.3 |
Total |
-0.5 |
-0.2 |
Producer prices rose by 0.4% on the year in the first 11 months of 2017, with energy prices up 5.3%.
Montenegro's producer prices in the industrial sector decreased by 0.1% in 2016.