September 26 (SeeNews) - Montenegro's industrial output increased by an annual 8.1% in August following a decrease by 15.5% year-on-year in July, data from the country's statistics office showed on Monday.
On a monthly basis, Montenegro's production rose 0.7% in August after increasing 5.4% a month earlier, the data indicated.
Throughout the first eight months of the year, industrial output decreased by 5.2%.
Montenegro's industrial output, breakdown by sector (percentage change):
|
August'16 y/y |
July'16 y/y |
August'16 m/m |
July'16 m/m |
Total |
8.1 |
-15.5 |
0.7 |
5.4 |
mining |
-5.1 |
-17.6 |
10.0 |
64.1 |
manufacturing |
12.8 |
-13.8 |
3.4 |
-6.6 |
utilities |
1.8 |
-18.1 |
-5.7 |
33.8 |
In 2015, Montenegro's industrial output rose by 7.9%, following a drop of 11.4% a year earlier.