Industrial production fell a seasonally adjusted 2.1% compared to the previous month as energy production declined 4.1%. Manufacturing, and mining and quarrying production decreased by 1.1% and 1.2%, respectively.
On a yearly basis, the working-day adjusted industrial production dropped 7.7% in October. On an unadjusted basis, industrial production grew 4.3% monthly in October and declined 4.5% from a year ago, INS said on December 12.
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