Industrial producer prices in Montenegro rise by 3.4% in Q2 2024

Published on 20. July 2024., News

Producer prices for industrial products in Montenegro increased by 3.4% in the second quarter of this year compared to the same period last year, according to Monstat data.

The statistics show that the mining and quarrying sector and the manufacturing industry experienced growth of 14.4% and 0.8%, respectively.

Prices in the electricity, gas, steam, and air conditioning supply sector remained unchanged compared to the second quarter of last year, Monstat reports.

Producer prices for industrial products rose by 0.9% in the second quarter of 2024 compared to the first quarter.

The mining and quarrying sector and the manufacturing industry saw increases of 1.4% and 1.2%, respectively, compared to the previous quarter.

The prices in the electricity, gas, steam, and air conditioning supply sector stayed the same as in the first quarter of this year, the report concludes.