Among sectors, mining, and quarrying output registered a growth of 3.9%, and manufacturing output was 2.8% higher than last year. Electricity, gas, steam, and air conditioning supply output rose 1.7%, while the water supply segment contracted 2.2%.
On a monthly basis, industrial output fell at a slower pace of 2.5% in January after a 6.4% drop in the prior month. In a separate report, the statistical agency revealed that producer price inflation eased to 18.5% in January from 20.5% in the previous month.
Prices for electricity, gas supply, steam, and air conditioning supply alone surged by 54%. Prices in mining and quarrying grew 26.2%, and manufacturing prices gained 18.8%. On month, producer prices rose 0.8% in January, following a 0.6% gain in the previous month.
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