Vietnam Industry June 2019

Vietnam

Vietnam: Industrial production growth dips in June but remains healthy

June 28, 2019

Industrial production rose 9.6% in annual terms in June, down from May’s 10.0% increase. June’s slowdown was driven by more sluggish growth in the manufacturing, electricity and water supply subsectors, while the mining and quarrying subsector rebounded from May’s contraction.

Annual average growth in industrial output edged down to 10.2% in June from 10.4% in May.

FocusEconomics Consensus Forecast participants estimate that industrial output will grow 9.2% in 2019 and 8.7% in 2020.


Author:, Economist

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Vietnam Industry June 2019 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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