Vietnam Industry


Industrial production moderates in July

In July, industrial production grew 6.1% over the same month last year, which was down from the 8.0% increase recorded in June. The moderation was broad-based, as all the main sectors slowed compared to the previous month, with the only exception of electricity, gas and water. A month-on-month comparison, however, does not corroborate the moderation suggested by the annual data, as industrial production expanded a seasonally adjusted 3.2% over the previous month, which was above the 2.0% rise experienced in June.

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Vietnam Industry Chart

Vietnam Industry July 2012

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

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