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.