Industrial output on the increase
HA NOI
(VNS) - The country's index of industrial production (IIP) in the first
quarter this year improved year on year, rising 5.2 per cent against 4.9 per
cent in Q1 last year.
According to the General Statistics Office, the processing and
manufacturing sector reported a relatively positive growth of 7.3 per cent
year on year; the production and distribution of the electricity sector
jumped by 9.2 per cent; and that of the water supply, sewage and waste
management sector rose by 5.7 per cent. However, the mining sector's growth
fell by 2.9 per cent year on year in the first 3 months of this year, the
data showed.
In the processing and manufacturing sectors, textile
production gained the highest IIP growth of 20.2 per cent in the first three
months. Footwear and leather production followed with a surge of 19.4 per
cent.
Several others sectors also registered high IIP growth in the
first three months, including electronic products, computers and optical
products which were up by 12.6 per cent; motor vehicles by 12.3 per cent;
fabricated metal products by 9.8 per cent; beverages by 9.3 per cent; the
production and distribution of the electricity sector by 9.2 per cent; and
paper and paper products by 8.7 per cent.
On the down side, some sectors reported a decrease in IIP, of
which hard coal and lignite exploitation dropped by 8.9 per cent; motors and
motorbikes by 4.2 per cent; and metal production by 2.4 per cent.
While industrial production improved in Q1, the consumption
did not, GSO expert Vu Quang Ha said.
The industry's inventory index, as of March 1, 2014, remained
high at 13.4 per cent compared with the 12.7 per cent rate on February 1,
2014, Ha said.
GSO experts attributed the low consumption to a slow rebound
of the world economy as well as the low demand in the domestic market. - VNS
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Thứ Ba, 1 tháng 4, 2014
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