Montenegro industrial output rises in December

In Hungary

Industrial production in Montenegro increased 10% year-on-year in December, recovering from a 9% fall in the previous month, data from the Montenegrin Statistical Office (Monstat) shows.

Graphic by Anton_Medvedev/Shuttestock.com

It was the strongest increase since December of 2018, as mining and quarrying production advanced faster (55.6% vs 16.5% in November) while manufacturing output dropped at a much softer pace (-15.6% vs -36.1%).

On the other hand, for electricity, gas, steam and air conditioning supply production rose less (37.3% vs 39.5%). On a monthly basis, industrial production surged 19.9%, following a 10.9% advance in November, Monstat said on January 29. 

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.