June 15 (SeeNews) - Montenegro's producer price inflation (PPI) quickened to 0.8% year-on-year in May from 0.6% in April, the country's statistical office said on Thursday.
Compared to the previous month, producer prices rose by 0.1% in May after declining by 0.1% in April, figures posted on the website of the statistical office show.
Details of Montenegro's producer price index (PPI) in a breakdown by industry (y/y pct change):
|
May'17 |
Apr'17 |
Manufacturing |
-2.7 |
-2.8 |
Mining |
5.4 |
3.5 |
Utilities |
5.3 |
5.3 |
Total |
0.8 |
0.6 |
Producer prices rose by 1.0% on the year in the first five months of 2017, with energy prices were up 5.3%.
Montenegro's producer prices in the industrial sector decreased 0.1% in 2016.