Podgorica, (MINA-BUSINESS) – Compared with the corresponding period of 2023, the prices of products and services for personal consumption, measured by the consumer price index (CPI), were 2.1 percent higher on average in December.

According to Monstat, the consumer prices saw an average decrease of 0.1 percent compared with November.

“The negative inflation rate at the monthly level was affected primarily by a decrease in prices of vegetables, fruit, shoes and other footwear, other equipment and personal care products,” stated a press release issued by Monstat.

Compared with 2023, consumer prices were 3.3 percent higher on average last year.

Across the main groups, the monthly increase in prices was recorded for recreation and culture, transportation, hotels and restaurants, housing, water, electricity and other fuel, alcoholic beverages and tobacco, healthcare, communications, and other products and services.

In this period, the prices decreased in the category of food and non-alcoholic beverages, and clothing and footwear.

Prices of other products and services have not changed considerably.