Podgorica, (MINA-BUSINESS) – According to Monstat, prices of industrial products in Montenegro fell by 0.6 percent in the third quarter of this year compared with the same period last year.

The Statistical Office reported that producer prices in the mining and quarrying sector fell by 6 percent, while those in the manufacturing sector rose by 1.1 percent.

“Prices in the electricity, gas, steam and air conditioning supply sector remained unchanged on average, staying at the same level as in the third quarter of last year,” Monstat said in a press release.

Compared with the second quarter, prices of industrial products in Montenegro rose by 0.1 percent in the third quarter.

“The mining and quarrying sector recorded a decline of 0.4 percent, while the manufacturing sector increased by 0.2 percent,” Monstat said.

Prices in the electricity, gas, steam and air conditioning supply sector remained unchanged on average, staying at the same level as in the second quarter.