On the supply side, faster growth was mainly triggered by a 2.7 percent rebound in manufacturing (-0.3 percent in Q2), mainly due to an increase in production of semiconductors and chemical products. Construction also rebounded, expanding 1.3 percent vs a 1.3 percent contraction in the previous three months, boosted by residential building construction. Meanwhile, services grew 0.9 percent (0.8 percent in Q2). In contrast, utilities rose at a slower 3.5 percent (3.8 percent in Q2) and agriculture shrank 6.5 percent (-1.1 percent in Q2), as the volume of vegetables and fruits as well as cattle dropped.
Year-on-year, the economy advanced 3.6 percent, also well above expectations of 3.2 percent and the 2.7 percent figure for the second quarter.