Vietnam: Industrial production grows at slowest pace in seven months in October
October 31, 2016
In October, industrial production rose 7.0% over the same month last year, which was below the 7.6% rise recorded in September and a seven-month low. Another steep fall in mining and quarrying output weighed on output despite accelerations in all other sub-categories.
In seasonally-adjusted terms, industrial production increased 1.3% from the previous month (September: 3.4% month-on-month). Annual average industrial production deteriorated from 7.6% in September to a 23-month low of 7.5% in October.