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Vietnam: Growth in industrial production stable in July

July 28, 2014

In July, industrial output rose 6.1% over the same month last year, which mirrored the increase recorded in the previous month. July’s result came on the back of an increase in manufacturing as well as in electricity, gas and water.

Industrial production rose 0.50% over the previous month in July, which also mirrored the rise observed in June. Annual average growth in industrial production inched down from 6.4% in June to 6.3% in July.

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 7.7% in 2014, which is unchanged from last month’s forecast. For 2015, panelists expect that industrial production will expand 8.0%.


Author:, Senior Economist

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Vietnam Industry July 2014 0

Note: Year-on-year variation of industrial production index in %.
Source: General Statistics Office of Vietnam (GSO) and FocusEconomics calculations.


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