Montenegro’s consumer prices remained unchanged in November, after declining in the previous ten months, figures from the statistical office showed Tuesday.
The consumer prices remained flat year-on-year in November, after a 0.5 percent fall in the previous month. Consumer prices have been falling since January.
Month-on-month, consumer prices dropped 0.1 percent in November.
In a separate report, the statistical office released the producer prices figure for the month of November.
Pipeline inflation accelerated for the second straight month in November. The producer price index rose 1.1 percent annually during the month, faster than 1.0 percent rise in October. Prices increased for the fifth month in a row.
Producer prices in the manufacturing sector grew 0.4 percent yearly in November and those in mining and quarrying advanced by 5.3 percent.
On a monthly basis, producer prices remained unchanged for the third straight month in November, after a 0.4 percent spike in August.
The material has been provided by InstaForex Company – www.instaforex.com