Industrial production expanded 13.1 percent year-over-year in August, reversing a 14.1 percent plunge in July. That was well above the 8.3 percent climb expected by economists.
On a working-day-adjusted basis, industrial production advanced 7.7 percent in August from a year ago.
Manufacturing production grew 16.6. percent, while mining and quarrying output declined by 4.6 percent.
Month-on-month, industrial production increased a seasonally adjusted 12.1. percent in August.
Separately, the statistical office revealed that construction output decreased 5.9 percent yearly in August, following a 16.3 percent slump in the prior month. Compared to July, construction output gained 0.8 percent