Industrial production index in the first quarter of 2025 increased by 7.8%, the highest since 2020

(CT) - According to the General Statistics Office, industrial production in the first quarter of 2025 nationwide continued to improve, with the industrial production index (IIP) estimated to increase by 7.8% over the same period last year. This is the highest increase in the first quarter since 2020 to date (the growth/decrease rates of IIP in the first quarter of the years from 2020-2025 compared to the same period last year were 5.6%, 5.7%, 6.8%, -2.6%, 5.9%, 7.8%, respectively). Of which, the processing and manufacturing industry increased by 9.5% (in the first quarter of 2024, it increased by 6%), contributing 7.9 percentage points to the overall growth; the electricity production and distribution industry increased by 4.6%, contributing 0.4 percentage points; Water supply, waste and wastewater management and treatment increased by 11.6%, contributing 0.2 percentage points; mining decreased by 4.7%, reducing 0.7 percentage points in the overall growth rate.

Production activities at Tay Do Steel Company.

Some key industrial products in the first quarter of 2025 increased compared to the same period last year: automobiles increased by 81.5%; televisions increased by 22.9%; natural fiber textiles increased by 18.6%; NPK mixed fertilizer increased by 15.8%; casual clothes increased by 14.3%; phone components increased by 12.0%; leather shoes and sandals increased by 9.1%; aquatic feed increased by 7.4%. On the contrary, some products decreased compared to the same period last year: gaseous natural gas decreased by 12.9%; crude oil decreased by 6.4%; synthetic fiber textiles decreased by 2.4%; rolled steel decreased by 1.8%; mobile phones decreased by 1.7%; chemical paint decreased by 0.9%.

In March 2025, the consumption index of the entire processing and manufacturing industry increased by 6.5% compared to the previous month and increased by 3.5% compared to the same period last year. In the first quarter of 2025, the consumption index of the entire processing and manufacturing industry increased by 5.4% compared to the same period in 2024 (the same period in 2024 increased by 8.2%). The inventory index of the entire processing and manufacturing industry is estimated to increase by 5.9% in March 2025 compared to the same period last month and by 15.1% compared to the same period last year (the same period last year increased by 14.1%). The average inventory ratio of the entire processing and manufacturing industry in the first quarter of 2025 is 90% (the average in the first quarter of 2024 is 68.7%).

The number of employees working in industrial enterprises as of March 2025 increased by 1.1% compared to the same period last month and increased by 4.8% compared to the same period last year. Of which, employees in the state-owned enterprise sector increased by 0.1% and 0.6%, non-state enterprises increased by 0.7% and 3.1%, and foreign-invested enterprises increased by 1.4% and 5.8%.

News and photos: CHI MAI

Source: https://baocantho.com.vn/chi-so-san-xuat-cong-nghiep-quy-i-2025-tang-7-8-cao-nhat-tu-nam-2020-den-nay-a185386.html