Vietnam: Growth in industrial production accelerates in November
October 29, 2014
In November, industrial output rose 11.1% over the same month last year, which was an improvement over the 7.9% increase observed in the previous month and marked the fastest increase in nine months. November’s result came on the back of solid growth in all categories that compose the index.
Industrial production in November rose 5.3% over the previous month, which followed the 4.6% increase recorded in October. The figure marked the fastest increase in eight months. Annual average growth in industrial production rose from 6.9% in October to 7.4% in November, and now sits at the highest level since January 2013.
Author: Dirina Mançellari, Senior Economist