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Montenegro's industrial output falls in Sept - table

Oct 25, 2017, 1:47:50 PMArticle by Radomir Ralev
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October 25 (SeeNews) - Montenegro's industrial output contracted by 7.0% year-on-year in September, reversing an annual rise of 2.7% in August, the country's statistical office said on Wednesday.

Montenegro's industrial output falls in Sept - table
VMRO-DPMNE/All Rights Reserved.

On a monthly comparison basis, Montenegro's industrial production shrank 8% in September after growing 3.4% a month earlier, Monstat said in a monthly report.

Industrial output fell 6.7% on the year in the first nine months of 2017.

Montenegro's industrial output, breakdown by sector (percentage change):

Sept y/y Aug y/y Sept m/m Aug m/m
Total -7.0 2.7 -8.0 3.4
-mining 64.9 98.4 -7.7 -2.2
- manufacturing -2.4 -1.8 -4.5 18.8
- utilities -31.1 -8.9 -15.9 -18.2

Montenegro's industrial output decreased by 4.4% in 2016 following a 2.2% decline in the previous year.

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