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The phrase "for the third consecutive month" is correct and usable in written English.
You can use it when referring to a situation or event that has occurred for three months in a row without interruption.
Example: "Sales have increased for the third consecutive month, indicating a positive trend in our business."
Alternatives: "for the third month in a row" or "for three months straight."
Exact(60)
Its 12-month inflation rate was negative for the third consecutive month in August.
As measured by the claimant count, the number of unemployed fell for the third consecutive month in September.
Manufacturing in the Philadelphia region contracted for the third consecutive month in July, a sign of further feebleness in the economy.
PRICES AND WAGES Germany's 12-month rate of consumer-price inflation fell for the third consecutive month in April, to 1.4%.
An index of leading indicators compiled by the Conference Board, a research group, rose for the third consecutive month in June.
Investors were discouraged by the latest reading of homebuilder confidence, which fell for the third consecutive month in August.
Prices for consumer goods fell in June for the third consecutive month, mostly because of lower costs for gasoline, according to a government report released Friday.
The index for output fell to 47.3 from 48.7, reflecting official figures released Monday that showed Japanese industrial output had fallen in June for the third consecutive month.
Consumer confidence declined in April for the third consecutive month, signaling Americans' concerns that economic growth is leveling off.
Continuing job worries drove consumer confidence lower in October for the third consecutive month, a New York-based private research group said Tuesday.
However, core consumer prices, which exclude the volatile categories of food and energy, rose in December by 0.2% for the third consecutive month.
More suggestions(22)
for the seventh consecutive month
for each consecutive month
for the sixth consecutive month
for the fourth consecutive month
for the seventh consecutive month
for the third straight month
for the third consecutive november
for the fifth consecutive month
for the second consecutive month
for the third consecutive week
for the third consecutive april
for the third consecutive year
for the third consecutive day
for the third consecutive time
for the third consecutive quarter
for the 25th consecutive month
for the 22nd consecutive month
for the 36th consecutive month
for the third consecutive start
for the 20th consecutive month
for the twelfth consecutive month
for the 14th consecutive month
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com