NewsProducer prices of industrial products in Montenegro increase in Q4 2024

Producer prices of industrial products in Montenegro increase in Q4 2024

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Producer prices of industrial products in Montenegro in the fourth quarter of last year, compared to the same period in 2023, increased by 3%, according to data from Monstat.

  • Compared to the fourth quarter of 2023, the mining and quarrying sector recorded a 6.7% increase, while the manufacturing industry saw a 3.1% rise. Meanwhile, prices in the electricity, gas, steam, and air conditioning supply sector remained unchanged, maintaining the same level as in the fourth quarter of 2023, the report stated.

Producer prices of industrial products in Montenegro in the fourth quarter of last year also increased by 1.1% compared to the third quarter.

  • Compared to the third quarter of 2023, the mining and quarrying sector recorded a 2.9% increase, while the manufacturing industry saw a 1.2% rise. Prices in the electricity, gas, steam, and air conditioning supply sector remained unchanged, maintaining the same level as in the third quarter of the previous year, according to Monstat.
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