# Montenegro Industrial Production

Montenegro Industrial Production was up 17.4% year on year in September 2026, compared with 48.4% in August 2026.
The level stood at 107.5 (Index 2021=100).
Among the 51 economies Makrognosis covers on this measure, it is the 2nd highest.
Over the past ten years it has ranged from −39.8% (Oct 2025) to 48.4% (Aug 2026), averaging 3.1%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `ME.IP.M.SA`
- Frequency: monthly
- Units: Index 2021=100
- Coverage: 2000-01-01 to 2026-09-01 (321 observations)
- Page: https://makrognosis.robomacro.com/data/montenegro/industrial-production

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 107.5 | 17.4 |
| August 2026 | 107.9 | 48.4 |
| July 2026 | 101.9 | 25.2 |
| June 2026 | 118.2 | 28.2 |
| May 2026 | 110.3 | 14.2 |
| April 2026 | 109.9 | 8.7 |
| March 2026 | 100.0 | −1.4 |
| February 2026 | 105.7 | 11.3 |
| January 2026 | 117.7 | 20.0 |
| December 2025 | 104.0 | −4.3 |
| November 2025 | 97.70 | −18.6 |
| October 2025 | 89.40 | −39.8 |
| September 2025 | 91.60 | −6.8 |
| August 2025 | 72.70 | −25.6 |
| July 2025 | 81.40 | −17.9 |
| June 2025 | 92.20 | 9.6 |
| May 2025 | 96.60 | 18.7 |
| April 2025 | 101.1 | 16.5 |
| March 2025 | 101.4 | −2.1 |
| February 2025 | 95.00 | −8.6 |
| January 2025 | 98.10 | −4.7 |
| December 2024 | 108.7 | 9.5 |
| November 2024 | 120.0 | 1.0 |
| October 2024 | 148.5 | 44.0 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ME.IP.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ME.IP.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```