According to MONSTATA, the prices of industrial products in Montenegro increased by three percent in the fourth quarter of last year compared to the same period the previous year.

“In comparison to the fourth quarter of 2023, the increase in the removal of ore and stone was 6.7 percent, while the processing industry saw a rise of 3.1 percent. Prices in electricity supply, gas, steam, and air conditioning remained largely unchanged, maintaining the price levels of the fourth quarter of 2023,” stated Mine reports.

Prices of manufactured industrial products in Montenegro rose by 1.1 percent in the fourth quarter of last year compared to the third quarter.

“When compared to the third quarter of last year, the prices for ores and stones increased by 2.9 percent, and the processing industry saw a growth of 1.2 percent. Meanwhile, prices in electricity supply, gas, steam, and air conditioning remained stable at the levels seen in the third quarter of last year,” Monstat reported.