Podgorica (MINA-BUSINESS) – Industrial output in Montenegro has been falling since the beginning of the year and posted a 15.2 percent decline on the same period last year, the statistics office said. The output in March rose 11.8 percent on February, but was 12.8 percent below the March 2001 level, after the output of electricity, gas and water fell 40.8 percent. The three sectors account for 23.3 percent of the total Montenegrin industrial activity.