Experts forecast positive outlook on IPI at year-end
October 26, 2018 3:00 PM GMT+7
VGP – The socio-economic situations have shown positive signals of which industrial production index (CPI) in the first ten months witnessed a year-on-year surge of 7.3%.
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The Ha Noi Statistics Office reported that in the first ten days, IPI picked up 7.3% against the same period last year. The mining sector suffered a drop of 9.6%. Processing and manufacturing grew 7.3%. Electricity and fuel production and distribution rose 8.6%. Water supply and sewage treatment increased 7.8%.
Processing and manufacturing industries continued to serve as the key growth impetus.
Inventory level saw a sharp decline of 20% in comparison with the same period last year./.
By Kim Loan
