Industrial production rebounded to increase by 12.5% yoy in May, after slowing down to 10.7% in April but off a high of +14.2% in March. This suggests that industrial activities are moderating but remained resilient. The pick-up was reflected in a faster increase in manufacturing production. This was, however, offset partially by a slowdown in electricity output and a decline in mining output during the month.
Economic Highlights : Industrial Production Bounced Back In May, GDPGrowth To Remain Resilient In The 2Q - ...
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