In November, industrial output contracted 0.8% over the same month of the previous year in working-day adjusted terms, which was an improvement over the 3.4% drop tallied in October. Although the print represented the eighth consecutive contraction in industrial output, it marked the mildest decline since April 2013. The softer drop mainly reflected a mild decrease in both manufacturing output and mining and quarrying. Growth in electricity, gas, steam and air conditioning production slowed markedly in November.
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