December 16 (SeeNews) - Montenegro's November industrial output fell by 45.6% on the year and was 1.5% lower than a month earlier, data from the country's statistics office showed on Wednesday.
In October, the country's industrial output fell by 37.7% year-on-year but was up 19.4% than in September.
Industrial output dropped 32.9% in the January–November period compared to the first ten months of last year, the statistics office said on its website.
Montenegro's industrial output fell by 2.0% last year.
MONTENEGRO NOVEMBER INDUSTRIAL OUTPUT, BREAKDOWN BY SECTOR (PCT CHANGE):
|
Y/Y |
M/M |
Total |
-45.6 |
-1.5 |
- mining |
-85.1 |
-68.7 |
- processing industry |
-53.6 |
-16.2 |
- electricity, gas, water |
-14.8 |
+48.6 |