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Montenegro Oct industrial output falls 24.4% y/y - table

Nov 15, 2012, 2:18:03 PMArticle by Valentina Dimitrievska
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PODGORICA (Montenegro), November 15 (SeeNews) – Montenegro's industrial output fell by an annual 24.4% in October after declining 16.1% a month earlier, the statistics office said on Thursday.

Montenegro Oct industrial output falls 24.4% y/y - table

On a monthly basis, Montenegro’s October industrial output fell by 7.8% after contracting 5.4% in September, the statistics office said on its website.

In the first ten months of the year, industrial production dropped 9.4%.

Montenegro's October industrial output, breakdown by sector (pct change):

M/M Y/Y
Total -7.8 -24.4
- mining -38.0 -13.0
- processing industry -26.9 -40.5
- electricity, gas, water +50.1 +4.7

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