Industrial Production in Montenegro decreased 5 percent in the second quarter of 2020 over the previous period.
Industrial Production Mom in Montenegro averaged 1.07 percent from 2010 until 2020, reaching an all time high of 34.10 percent in February of 2017 and a record low of -36.60 percent in January of 2017. This page provides - Montenegro Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Industrial Production MoM - values, historical data and charts - was last updated on October of 2020.
Industrial Production Mom in Montenegro is expected to be 0.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Montenegro to stand at 0.97 in 12 months time. In the long-term, the Montenegro Industrial Production MoM is projected to trend around 0.97 percent in 2021, according to our econometric models.