Vietnam: Growth in industrial output eases in January
February 9, 2016
In January, industrial output rose 5.9% over the same month last year, which marked a deceleration over the 9.0% rise recorded in December. The reading came on a contraction in mining and quarrying which constrained a softer expansion in the three remaining components.
Industrial production in December declined 2.6% over the previous month, which contrasted with the 3.5% rise observed in December. As a result of the monthly decrease, annual average growth in industrial production slipped from 10.0% in December to 9.0% in January.