Manufacturing Production in Montenegro decreased 13.40 percent in the second quarter of 2020 over the same period in the previous year.
Manufacturing Production in Montenegro averaged 1.23 percent from 2011 until 2020, reaching an all time high of 50.20 percent in October of 2015 and a record low of -40.50 percent in October of 2012. This page provides the latest reported value for - Montenegro Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Manufacturing Production - values, historical data and charts - was last updated on October of 2020.
Manufacturing Production in Montenegro is expected to be 15.57 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Montenegro to stand at 15.52 in 12 months time. In the long-term, the Montenegro Manufacturing Production is projected to trend around 15.52 percent in 2021, according to our econometric models.