Based on working day adjusted data, the volume of production grew by 3.5%, while according to the working raw data it was up by 2.3% in August. KSH said the significant difference between the two figures is due to the fact that there were three more working days in August 2016 than a year earlier.

Industrial output in August – according to seasonally and working day-adjusted indices – was above the level of the previous month by 1.6%, KSH said.