Manufacturing output of industrial companies rose 6.8% y/y in October – GUS

Sold production of industrial enterprises rose 6.8% year-on-year in October, the Central Statistical Office (GUS) reported. On a monthly basis, a decrease of 0.7% was recorded. 

"After eliminating the impact of seasonal factors, industrial output sold in October this year was 7.5% higher than in the same month last year and 0.3% lower than in September this year," - the release reads. 

The market consensus is for a 7.8% year-on-year increase in industrial production. 

Source: ISB News