Industrial production growth may be six percent this year

Both the external and internal demand fell, so the industrial production increase in July was better than expected, but analysts polled by MTI expect a 6 percent annual growth.

In the forthcoming months industrial production may increase by 2-4 percent, but in December – due to the base effects – there can be a double-digit growth again. Next year's slowdown in external demand may be offseted by the installation of the Mercedes factory. This year, industrial production may increase by 6.5 percent in the next year by 7 percent – reports MTI.