Industrial output and investment declined in October while consumption rebounded for the first time in three months.

According to the Ministry of Data and Statistics' Monthly Industrial Statistics report released Friday, the nation's industrial production index decreased two-point-five percent between September and October to 112‑point‑nine.

The figure marks the sharpest decline in more than five years, since February 2020, when output slipped two‑point‑nine percent.

Manufacturing and mining output fell four percent in October from the previous month, with semiconductor production plunging 26‑point‑five percent.

Retail sales, a key indicator of consumption, rose three‑point‑five percent in October from September, marking the first increase in three months.

Facility investment, however, dropped 14‑point‑one percent, weighed down by reduced spending on semiconductor manufacturing machinery and transport equipment.