Analysts: industrial production may stagnate this year

According to analysts, industrial production, may stagnate this year, but can increase next year but its extent is unknown yet.

The Central Statistics Office (KSH) announced on Friday that the volume of industrial production decreased by 3.8 percent in September, compared to the same month of the previous year, while the working day adjusted index was 0.6 percent above. Compared to the previous month, the seasonally and working day adjusted industrial production rose by 0.7 percent in September. In the first three quarters of the year, industrial output was 0.8 percent lower than in as the same period of last year. (MTI)