Vietnam Industry


Industrial production rebounds in February

In February, industrial production surged 22.1% over the same month last year, which contrasted notably the 12.9% drop recorded in January. The reading was affected by a favourable base effect due to the Lunar New Year, which was celebrated at the beginning of February last year. A month-on-month comparison corroborates the improvement suggested by the annual data, as industrial production expanded a seasonally adjusted 10.0% over the previous month, contrasting the 2.4% drop experienced in January.

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