The country’s real GDP annual growth was 4.2% in the third quarter of 2015, according to the Statistical Office of Montenegro (MONSTAT). The GDP totalled EUR 1.172 bln in constant prices in Q3 2015, compared to EUR 1.119 bln in the corresponding quarter of the previous year.
Industrial output went up by 9.2% on the year in January to September 2015, according to MONSTAT. The output of the manufacturing industry jumped by 16.1%, output in the electricity and gas supply sector grew by 1.1%, while the mining sector output inched down by 0.1%.
Consumer prices in Montenegro continued rising and recorded an annual average inflation of 1.6% in the first nine months of 2015.
Unemployment in Montenegro rose to 16.5% of the total labour force in the third quarter of 2015 from 16.4% in the corresponding quarter a year ago.