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Taiwanese industrial output declined 28.35% on a yearly basis in November, while economists predicted just 15.7% drop, the Ministry of Economic Affairs reported Tuesday. Production was down by a revised 12.57% in October.
Mining and quarrying production showed an annual decrease of 16.25% in November, while manufacturing output slid 28.95%. Output of electricity and gas supply fell 8.38% compared to a 1.14% fall in October.
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