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 4.8 percent higher on average in October.

According to Monstat, the consumer prices saw an average decrease of 0.2 percent compared with October.

“At the monthly level, the inflation rate was affected primarily by rising prices of accommodation services, fruit, milk, cheese and eggs, and passenger air transport,” stated a press release issued by Monstat.

Compared with last year’s corresponding period, consumer prices were 3.9 percent higher on average from January through October.

Across the main groups, the monthly increase in prices was recorded for clothing and footwear, housing, water, electricity and other fuels.

In this period, the prices decreased in the category of restaurants and hotels, food and non-alcoholic beverages, recreation and culture, other products and services, furnishings and routine maintenance of the house, transport, alcoholic beverages and tobacco, and communications.

Prices of other products and services have not changed significantly.