Montenegro’s industrial production increased by 18.2% in the first eight months of 2026, with electricity, gas and steam supply recording the strongest growth among the main industrial sectors.
Output in electricity, gas and steam supply rose by 59.3%, while mining and quarrying expanded by 15.7%. Manufacturing recorded a more modest increase of 0.8%.
Manufacturing performance varied significantly across individual branches. Fabricated metal products, excluding machinery and equipment, increased by 88.0%, while basic metals production grew by 42.2%. Only eight of the 15 manufacturing branches registered higher output. Clothing production declined by 46.3%.
August also brought an increase in industrial activity. Total production was 12.1% higher than in July, with electricity, gas and steam supply rising by 17.5%. Manufacturing output increased by 11.3%, while mining and quarrying recorded growth of 2.8%.
The overall industrial expansion therefore reflected substantially different performances across sectors, with electricity supply and selected metal-related manufacturing activities recording the strongest increases, while several other manufacturing branches experienced weaker output.
