Industrial output may increase this year

Industrial output may increase this year, although the improvement can be more powerful in the second half of the year – analysts told MTI.

According to the Friday communication of the Central Statistics Office (KSH), the volume of industrial production in February decreased by 5.4 percent, compared with a year earlier, and was 0.3 percent higher than in the previous month. The working-days adjusted index of production indicated a reduction of 1.1 percent, compared to a year earlier. (MTI)