(HG) - The industrial production index (IIP) in July increased by 1.77% over the previous month and by 15.30% over the same period; of which the processing and manufacturing industry increased by 1.77% over the previous month and by 11.24% over the same period; the production and distribution of electricity, gas, hot water, steam and air conditioning increased by 1.81% over the previous month and by 83.67% over the same period; the water supply, waste and wastewater management and treatment industry increased by 0.65% over the previous month and by 13.6% over the same period. The IIP is expected to increase by 12.4% over the same period in the first 7 months of 2023.
The electricity industry ensures safe and stable power supply to serve socio -economic development, contributing to increasing the Industrial Production Index.
The reason for the increase in the Industrial Production Index last month was that Hau Giang Electricity Company provided enough and safe electricity to serve socio-economic development, minimized power outages, and ensured the continuous operation of people and businesses. In addition, the increase was partly due to the fact that the units of Song Hau I Thermal Power Plant officially went into commercial operation and according to actual demand, the estimated electricity output was over 531 million kWh, an increase of 2.12% compared to the previous month and an increase of 92.83% compared to the same period. Therefore, this industry index increased dramatically compared to the same period.
News and photos: HT
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