It was the strongest growth in industrial production since May 2022, as output rebounded for mining & quarrying (3.8% vs -1.2% in March).
Moreover, output accelerated for manufacturing (6.5% vs 4%). Meanwhile, production fell at faster pace for electricity, gas, steam & air-conditioning (-14.7% vs -1.2%).
On a monthly basis, industrial output tumbled 1.3% in April, reversing an upwardly revised 4% growth in the prior month.
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