Podgorica, (MINA-BUSINESS) – Compared with last year’s corresponding period, the prices of imported industrial products decreased by 0.1 percent in the first quarter.

According to official statistics, the mining and quarrying sector decreased by 0.9 percent, while the processing industry saw a 0.1 percent year-on-year decrease.

Compared with the last year’s fourth quarter, the prices of imported industrial products decreased by 0.9 percent in the first quarter.

“Mining and quarrying sectors remained at the same level as in Q4 2023, while the processing industry says a 0.9 percent decrease,” stated a press release issued by Monstat.

The statistics indicated that the prices of exported industrial products decreased by 0.1 percent year on year in the first quarter.

“Compared with the last year’s first quarter, the mining and quarrying sector decreased by 0.1 percent, while the processing industry remained at the same level,” stated the press release.

In the first quarter, the prices of exported industrial products increased by 1.4 percent compared with the last year’s fourth quarter.

“Compared with Q4 2023, the mining and quarrying sector increased by 0.3 percent, while the processing industry grew by 1.6 percent in the first quarter,” stated the press release.