April 25 (SeeNews) - Montenegro's industrial output decreased by 17.4% year-on-year in March following a 6.2% rise in February, the country's statistical office Monstat said on Tuesday.
On a monthly basis, Montenegro's industrial production went up 4.1% in March after growing 34.1% a month earlier, Monstat said in a monthly report.
Industrial output decreased by 10.9% on the year in the first quarter of 2017.
Montenegro's industrial output, breakdown by sector (percentage change):
|
Mar'17 y/y |
Feb'17 y/y |
Mar'17 m/m |
Feb'17 m/m |
Total |
-17.4 |
6.2 |
4.1 |
34.1 |
mining |
200.0 |
200.0 |
-2.2 |
70.1 |
manufacturing |
-33.1 |
-17.2 |
7.0 |
27.8 |
utilities |
-15.3 |
13.6 |
3.3 |
32.1 |
Montenegro's industrial output decreased by 4.4% in 2016 following a 2.2% decline in the previous year.