Industrial production in Montenegro in the last quarter of 2022. fell by 1.9 percent
, NewsIndustrial production in Montenegro in the fourth quarter of last year fell by 1.9 percent compared to the same period in 2021, Monstat data show.
“Compared to the fourth quarter of 2021, the mining and quarrying and supply of electricity, gas, steam and air conditioning sectors recorded growth of 3.4 percent and 8.8 percent, respectively, while the manufacturing industry recorded a decline of 9.9 percent.
Industrial production in Montenegro in the fourth quarter of last year recorded a growth of 22.9 percent compared to the third.
“Compared to the third quarter, growth was recorded in the mining and quarrying, processing industry and supply of electricity, gas, steam and air conditioning sectors, 1.2 percent, 6.5 percent, and 61.9 percent respectively,” it is stated in announcement.
Sign up for business news updates & special reports.
LATEST NEWS
- February 1, 2024 Invitation to Enhance Visibility and Stakeholder Engagement in EU Horizon Projects
- January 17, 2024 Montenegro forests, emissions trading and carbon offset credits, opportunities for investments
- May 11, 2023 Luxury Public Relations for pearl of Mediterranean, Elevate PR for Montenegro
- May 11, 2023 Elevate your business in Montenegro with Elevate PR
- May 9, 2023 Montenegro economy briefing: Wage growth in the public sector and other labour market issues
- April 8, 2023 Montenegro economy briefing: Increased indebtedness of Montenegro
- October 12, 2024 Tourist season in Montenegro: Mixed results and future prospects
- October 12, 2024 Tuzi Municipality launches fund for women’s entrepreneurship support
- October 12, 2024 Tivat welcomes 3,500 tourists, marking a 15% increase over last year