Sept factory output falls 1.28% y/y

Sept factory output falls 1.28% y/y

The manufacturing production index (MPI) for September showed a smaller than expected drop of 1.28% from a year earlier, the Industry Ministry said on Wednesday.

This followed an easing of coronavirus restrictions.

The reading compared with a forecast for a 3.0% fall in output in a Reuters poll and August's revised 4.71% decline. 

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