Vietnam Industry July 2016


Growth in industrial production slows in July

In July, industrial output rose 7.2% over the same month last year, which came in below the 7.4% rise recorded in June. The deceleration came on the back of a slowdown in manufacturing output which more than offset an acceleration

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 8.6% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect that industrial production will also expand 8.6%.

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Vietnam Industry Chart

Vietnam Industry July 2016 1

Note: Year-on-year variation of industrial production index in %.
Source: General Statistics Office of Vietnam (GSO) and FocusEconomics calculations.

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