October 12 (SeeNews) - Montenegro's August industrial output fell by 53.1% on the year and was 9.6% lower than a month earlier, data from the country's statistics office showed.
In July, the country's industrial output fell by 46.5% year-on-year and was 12.3% lower than in June.
Industrial output dropped 27.4% in the January–August period compared to the first eight months of last year, the statistics office said on its website.
Montenegro's industrial output fell by 2.0% last year.
MONTENEGRO AUGUST INDUSTRIAL OUTPUT, BREAKDOWN BY SECTOR (PCT CHANGE):
|
Y/Y |
M/M |
Total |
-53.1 |
-9.6 |
- mining |
-94.2 |
+57.9 |
- processing industry |
-42.3 |
-6.4 |
- electricity, gas, water |
-68.9 |
-31.4 |