Industrial production declined 5.8% year-on-year in November. Manufacturing output fell 6.1% annually in November, following a 7.9% decline in the prior month.

Production in mining and electricity decreased by 0.4% and 4.4%, respectively.

Data showed that export sales in the manufacturing sector surged 14.5% annually in November and domestic sales grew 8.5%.

On a seasonally adjusted basis, industrial production decreased by 0.9% monthly in November. Manufacturing output rose 0.3%.