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Montenegro's industrial producer prices rise 1.7% y/y in Q1

Apr 19, 2024, 12:24:45 PMArticle by Djordje Jajcanin
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April 19 (SeeNews) - Montenegro's average producer prices in the industrial sector increased by 1.7% on the year in the first quarter of 2024, after rising by an annual 3.7% in the previous quarter, the country's statistical office said on Friday, quoting preliminary data.

Montenegro's industrial producer prices rise 1.7% y/y in Q1
Image source: Pixabay

On a quarterly comparison basis, producer prices went up 1.4% during the January-March period, after growing 0.7% in October-December.

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

Q1 '24 Q4 '23
Total 1.7 3.7
- manufacturing 0.6 0.7
- mining 6.1 17.9
- utilities 0.0 0.0

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