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Industrial production in October continues positive trend

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp06/11/2024



DNVN - The General Statistics Office ( Ministry of Planning and Investment ) has just announced that industrial production in October continued its positive trend. It is estimated that the industrial production index increased by 4% compared to September and by 7% compared to the same period last year.

According to the General Statistics Office, the index of industrial production (IIP) in October is estimated to increase by 4% compared to the previous month and by 7% compared to the same period last year. Of which, compared to the same period last year, the processing and manufacturing industry increased by 8.8%; the electricity production and distribution industry increased by 6.0%; water supply, waste and wastewater management and treatment activities increased by 6.9%; and the mining industry alone decreased by 10.4%.

In the first 10 months of 2024, IIP is estimated to increase by 8.3% over the same period last year (same period in 2023 increased by 0.5%). Of which, the processing and manufacturing industry increased by 9.6% (same period in 2023 increased by 0.5%), contributing 8.3 percentage points to the overall increase.

At the same time, the electricity production and distribution industry increased by 10.3%, contributing 0.9 percentage points; the water supply, waste and wastewater management and treatment industry increased by 9.5%, contributing 0.2 percentage points; the mining industry alone decreased by 7.2%, reducing the overall growth rate by 1.1 percentage points.

Also according to the General Statistics Office, in the first 10 months of 2024, compared to the same period last year, there was an increase in 59 localities and a decrease in 4 localities nationwide. Some localities had a fairly high increase in the IIP index due to the high growth in the processing and manufacturing industry; electricity production and distribution industry; and mining industry.

On the contrary, some localities have low or decreasing IIP index due to low or decreasing growth in processing and manufacturing industry and electricity production and distribution industry.

Some key industrial products increased compared to the same period last year in the following order: steel bars, angle steel; petroleum; rolled steel; automobiles; natural fiber textiles; sugar; powdered milk; NPK mixed fertilizer. On the contrary, some products decreased compared to the same period last year in the following order: gaseous natural gas; liquefied petroleum gas (LPG); clean coal; crude oil; mobile phones; beer; alumina.

The number of workers working in industrial enterprises as of October 1 increased by 1.0% compared to the same period last month and increased by 5.7% compared to the same period last year.

Of which, the labor force in the state-owned enterprise sector increased by 0.2% compared to the same period last month and increased by 1.1% compared to the same period last year. Non-state enterprises increased by 0.8% and 2.9%; foreign-invested enterprises increased by 1.2% and 7.1%.

Hoai Anh



Source: https://doanhnghiepvn.vn/kinh-te/san-xuat-cong-nghiep-thang-10-tiep-tuc-xu-huong-tich-cuc/20241106101022311

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