NewsMontenegro’s construction output rises 5.8% in third quarter

Montenegro’s construction output rises 5.8% in third quarter

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The value of construction work completed in Montenegro during the third quarter increased by 5.8 percent compared to the same period last year, according to data from Monstat.

Compared with the second quarter, the value of completed construction work was 1.8 percent higher.

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Monstat also reported that the number of effective hours worked on construction sites in the third quarter rose by 2.3 percent year-on-year. Compared with the previous quarter, effective hours increased by 0.2 percent.

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