Vietnam: Growth in industrial production accelerates in July
August 3, 2015
In July, industrial output rose 11.3% over the same month last year, which marked an acceleration compared to the 11.1% increase recorded in the previous month. July’s reading represented a six-month high. The acceleration was broad-based as all components of the index registered increases over the previous month.
Industrial production in July increased 1.1% over the previous month, which was below the 1.5% rise seen in June. However, annual average growth in industrial production inched up from 9.3% in June to a record breaking 9.7% in July.
Author: Robert Hill, Economist