Directions: In this question, a statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.

Statement: The latest official data on industrial production reflects that the output at the country's factories has contracted for the second month in a row.

Conclusions:

I. Industries are not getting enough supply of raw materials.

II. The supply of the country's industrial manufactured goods will be witnessing a dip.