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21 January 2019 07:48 am
*MONSTAT – INDUSTRY – PRICES

Prices of exported industrial products decline
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Podgorica, (MINA-BUSINESS) - Compared with October, the prices of exported industrial products decreased by one percent on average in November, the Statistical Office says.

In November, the prices of exported industrial products declined by two percent compared with the same period of 2017.

Between January and the end of November, the prices of exported industrial products increased by 1.6 year on year.

Monstat says that the methodology for calculation of the export price index has been harmonized with the one used to calculate the price index for the industrial products for the domestic market, and is based on international statistical principles and recommendations.

"The purpose of the survey is to calculate the industrial products' price index as one of the short-term indicators in macroeconomic analyses and overviews," the press release says.

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