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Thailand’s industrial output slumps in November

BANGKOK, Dec. 27 (Xinhua) — Thailand’s industrial output continued to slump in November due to an ongoing decline in auto production and weak domestic demand amid high household debt and bad loans, official data showed on Friday.

The manufacturing production index (MPI) fell 3.58 percent last month from a year earlier, accelerating from a revised 0.61 percent decrease in October and marking the sharpest contrac