While rising unemployment was expected and the topline figure of 4.3 per cent (from 4 per cent) was widely forecast, economists didn’t have to dig far below.
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Chip production jumped 42% in November from a year earlier, the most since early 2017, while shipments soared 80%, the biggest gain since late 2002, according to data released Thursday from the national statistical office. Inventories expanded by 36% in the smallest rise since February.