Montenegro's industrial products export prices down 0.5% y/y in Feb 2013.

By bne IntelliNews March 21, 2013
Montenegro's export prices of industrial products edged down 0.5% y/y in February after climbing 3.7% y/y in January, statistics office data showed. Manufacturing prices inched down 0.5% y/y, following a 3.9% annual increase in January, due to falling prices of clothes (down 11.8% y/y), beverages (down 6.6% y/y), food (down 1.7% y/y) and basic metals (down 0.9% y/y). Prices in the mining and quarrying sector inched down 0.8% y/y in February after dropping by 1.1% in January. Prices of industrial products imported in Montenegro posted zero annual growth in February after shrinking by 0.3% y/y in January, the statistics office said in a separate statement. Increase in prices of imported food products (up 6.2% y/y) was offset by decline in basic metal prices (down 3.1% y/y February), prices of tobacco products (down 23.8% y/y) and of metal products except machinery (down 3.7% y/y).
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Follow Us On

Most Read

  1. Missing money, delayed arms deliveries and demands for mining deals, Ukraine's relations with Trump are off to a rocky start
    1 day ago
  2. COMMENT: Trump should do a deal with OPEC and tighten sanctions further to collapse the Russian economy
    1 day ago
  3. El Salvador's bitcoin dream falters despite lofty crypto hub ambitions
    1 day ago
  4. Nicaragua unveils new canal route in bid to rival Panama
    2 months ago
  5. Can Eritrea’s mining sector flourish under autocratic rule?
    20 hours ago
  1. Nicaragua unveils new canal route in bid to rival Panama
    2 months ago
  2. Global access to energy starts to fall for the first time in a decade, says IEA
    7 months ago
  3. South Korea probes TikTok over alleged data consent violations
    3 months ago
  4. Missing money, delayed arms deliveries and demands for mining deals, Ukraine's relations with Trump are off to a rocky start
    1 day ago
  5. COMMENT: Trump should do a deal with OPEC and tighten sanctions further to collapse the Russian economy
    1 day ago

Reports

Dismiss