Podgorica, (MINA-BUSINESS) – Compared with last year’s corresponding period, the prices of products and services for personal consumption, measured by the consumer price index (CPI), were 4.5 percent higher on average in July.

According to Monstat, the consumer prices saw an average increase of 0.6 percent compared with June.

“The inflation rate at the monthly level was affected primarily by an increase in prices of fuel and lubricants for motor vehicles, accommodation, meat, fruit, solid fuel, milk, cheese and eggs, passenger air transport, bread and cereals,” stated a press release issued by Monstat.

Compared with last year’s corresponding period, consumer prices were 3.5 percent higher on average between January and July.

Across the main groups, the monthly increase in prices was recorded for restaurants and hotels, transport, recreation and culture, housing, water, electricity and other fuel, other products and services, food and non-alcoholic beverages, furnishings and routine maintenance of the house, healthcare, and alcoholic beverages and tobacco.
In this period, the prices decreased in the category of clothing and footwear and communications.

Prices of other products and services have not changed considerably.