Industrial production index rises

VGP – The country's index of industrial production (IIP) saw a year-on-year increase of 5.4% in the first four months of this year.

April 30, 2015 3:57 PM GMT+7

In these four months the IIP is estimated to have increase 13.9%, considerably higher than 5.5%during the same period last year.

The Index is calculated using groups: Among them were mobile phones that reflected an 89% rise,motorised vehicles 58.4%, television sets 41.8%, and paper production 20.8%.

The IIP in industrial sectors that posted industrial production hikes during the same period were leather and footwear 24.7%, food for aquatic products 23.9%, rolled steel 17.3%, chemical paints17.8% and electricity production 11.1%.

Till April 1, the inventory index increased by 11.3%, lower than the 13.9% growth recorded during the same period last year.

By Ngoc Van