Year-on-year, the services sector recorded the biggest gain (3 percent compared to 2.7 percent in Q2). It is the highest growth rate since the first quarter of 2015: distribution, hotels and restaurants increased 5.1 percent (5 percent in Q2); transport, storage and communication rose 4 percent (2.5 percent in Q2) and business services and finances growth was steady at 2.6 percent.
Industrial output expanded at a slower pace (1.2 percent compared to 1.6 percent in Q2), as manufacturing (0.4 percent compared to 1 percent) and water supply and sewerage (5.2 percent compared to 5.3 percent in Q2) eased and electricity, gas, steam and air contracted (-0.7 percent compared to 4.4 percent) while the mining sector expanded at a faster 4.5 percent (1 percent in Q2).
The agricultural sector contracted for the second quarter (-1.4 percent compared to -0.7 percent in Q2).
On a quarterly basis, the economy advanced 0.5 percent, following a 0.7 percent expansion in Q2 and beating market expectations of 0.3 percent.