Vietnam: Growth in industrial production accelerates in June
April 27, 2015
In June, industrial output rose 11.1% over the same month last year, which marked an acceleration compared to the 7.5% increase recorded in the previous month. June’s reading represented a five-month high. All components aside from water supply and waste management accelerated from the previous month.
Industrial production in June increased 1.5% over the previous month, which was below the 2.1% rise seen in May. Annual average growth in industrial production inched up from 8.9% in May to 9.3% in June.
Author: Robert Hill, Economist