Manufacturing Output Up 14.6% as of November 2016

The volume of production index grew 14.6% year-on-year in November, faster than the 4.4% expansion in November 2015, as well as the revised 11.3% of October 2016. This is the 17th straight time since July 2015 that industrial output stayed in the positive territory. Significant expansion was observed in six sectors led by petroleum products with an increase of 80.3%. Other sectors with two-digit annual rates were transport equipment…

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