Industrial production fell 6.4% year-on-year in July. Manufacturing output decreased 6.4% annually in July, following a 3% drop in the prior month.
Production in mining fell 17.5%, while electricity output rose 5.2%. Data showed that export sales in the manufacturing sector grew 15.7% annually in July and domestic sales rose 7.0%.
On a seasonally adjusted basis, industrial production declined 7.4% monthly in July. Manufacturing output decreased 5.2%.
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