There is a typical good news, bad news story:
Industrial output in October, 2009 is 5% up relative to September, 2009 but...
...It is 6.2% down relative to October, 2009
The most troublesome figure is that the industrial output in January-October, 2009 is 26.4% down relative to the same period of 2008.
Manufacturing industries were hit the most -- 31.2% decline relative to January-October, 2008. Among manufacturing industries, car industry is the clear loser with drop by 63.2%.
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