It was the seventeenth consecutive month of contraction in industrial production but the softest since July, as output decreased less for electricity, gas, steam & air-conditioning supply (-14% vs -37.6% in September).
Additionally, output rebounded sharply for mining (12.9% vs -0.3%).
Meanwhile, output further slipped for manufacturing (-12.6% vs -11.4%).
On a seasonally adjusted monthly basis, industrial production fell 0.5% in October, slowing from an upwardly revised 3.4% fall in the previous month.
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