The index of industrial production in June was estimated to increase by 10.9% over the same period last year. In which, the mining industry decreased by 7.7% over the same period last year; the processing and manufacturing industry increased by 12.6%; the electricity production and distribution industry increased by 13.7% and the water supply and waste and wastewater treatment industry increased by 8%.
Pork prices increased due to African swine fever outbreaks in some localities, and medical service prices of some provinces/cities adjusted according to Circular No. 22/2023-BYT of the Ministry of Health are the causes. mainly caused the consumer price index (CPI) in June 2024 to increase by 0.17% compared to the previous month.
Agricultural production in May with the main task of focusing on taking care of spring rice in the northern localities; tending, harvesting rice, spring crops and sowing summer-autumn rice varieties in southern localities. Pig and poultry farming has developed quite well, the disease on livestock and poultry was strictly controlled.
The index of industrial production (IIP) in February 2023 [...]
As of mid-May, the whole country planted 2,953.6 thousand hectares, an increase of 0.9 thousand hectares compared to the previous year's winter-spring crop. Northern localities planted 1,059.4 thousand hectares, a decrease of 8.5 thousand hectares. hectares, of which the Red River Delta reached 471.3 thousand hectares, down 6.3 thousand hectares.
Industrial production in May continued to maintain a positive growth trend. The industrial production index in May 2024 is estimated to increase by 3.9% over the previous month and by 8.9% over the same period last year.
Pork prices increase due to supply shortages after the African swine fever epidemic at the end of 2023, and increased electricity prices during hot weather are the main reasons for the increase in the consumer price index (CPI) in May 2024. 0.05% compared to last month. Compared to December 2023, CPI in May increased by 1.24% and compared to the same period last year increased by 4.44%.
Agricultural production in April took place in adverse weather conditions, with prolonged heat causing drought in the Central area and Central Highlands provinces; high levels of saltwater intrusion in the Mekong Delta. Pig and poultry farming grew quite well. Forestry production promotes the planting, care and protection of forest, and timber harvesting due to it was the exploited time.
Industrial production in April continued its positive growth trend. The industrial production index in April 2024 is estimated to increase by 0.8% over the previous month and by 6.3% over the same period last year.
Increasing gasoline prices according to world fuel prices is the main reason why the consumer price index (CPI) in April 2024 increased by 0.07% compared to the previous month. Compared to December 2023, April CPI increased by 1.19% and compared to the same period last year increased by 4.4%. On average, in the first 4 months of 2024, CPI increased by 3.93% over the same period last year; Core inflation increased by 2.81%.
