NewsGrowth in industrial production on an annual basis

Growth in industrial production on an annual basis

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Industrial production in Montenegro in the fourth quarter of last year increased by 7.4 percent compared to the same period in 2022, according to data from Monstat.
“In comparison to the fourth quarter of 2022, mining and quarrying, manufacturing industry, and supply of electricity, gas, steam, and air conditioning sectors recorded growth of eight percent, four percent, and 11.5 percent,” the statement said.

Industrial production in Montenegro in the fourth quarter of last year, compared to the third quarter, recorded a growth of 21 percent.

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“Compared to the third quarter of last year, the mining and quarrying sector recorded a decline of 6.9 percent, while the manufacturing industry and the supply of electricity, gas, steam, and air conditioning sectors recorded growth of ten percent and 48.1 percent, respectively,” the statement said.

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