July 25 (SeeNews) - Montenegro's industrial output declined by 13.9% year-on-year in June following an annual drop of 1.2% in May, the country's statistical office said on Tuesday.
On a monthly comparison basis, Montenegro's industrial production dropped 7.8% in June after rising 5.8% a month earlier, Monstat said in a monthly report.
Industrial output decreased by 9.6% on the year in the first six months of 2017.
Montenegro's industrial output, breakdown by sector (percentage change):
|
June y/y |
May y/y |
June m/m |
May m/m |
Total |
-13.9 |
-1.2 |
-7.8 |
5.8 |
mining |
85.4 |
165.1 |
-18.2 |
4.9 |
manufacturing |
2.4 |
33.3 |
-2.9 |
27.7 |
utilities |
-76.9 |
-74.5 |
-34.5 |
-55.8 |
Montenegro's industrial output decreased by 4.4% in 2016 following a 2.2% decline in the previous year.