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Montenegro 11-mo industrial output drops 11.9%

Dec 16, 2014, 12:39:26 PMArticle by Valentina Dimitrievska
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PODGORICA (Montenegro), December 16 (SeeNews) – Montenegro's industrial output declined by 11.9% in the first eleven months through November, the country's statistics office said on Tuesday.

Montenegro 11-mo industrial output drops 11.9%

In November alone, industrial production dropped by 19.8% on the year after climbing 8.2% a month earlier, the statistics office said on its website.

Month-on-month, industrial production fell by 5.6% in November after edging down by 0.3% in October.

In 2013, Montenegro's industrial output rose 10.6% following a drop of 7.1% a year earlier.

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