Index of industrial production in May of 2026
The index of overall industrial production (IIP) in May is estimated to have increased by 3.3% compared to the previous month and increased by 8.8% compared to the same period last year.
The index of overall industrial production (IIP) in May is estimated to have increased by 3.3% compared to the previous month and increased by 8.8% compared to the same period last year.
In the 2026 winter-spring rice season, the whole country planted 2,932.2 thousand hectares, a decrease of 37.5 thousand hectares compared to the previous winter-spring season due to localities implementing the conversion of less efficient rice land to other crops or livestock with higher economic value, or to non-agricultural land.
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Industrial production in April continued the positive growth trend. The overall industrial production index for the month is estimated to increase by 1.3% compared to the previous month and by 9.9% compared to the same period last year.
As of April 20, 2026, the whole country had sown 2,932.9 thousand hectares of winter-spring rice, a decrease of 36.8 thousand hectares compared to the previous winter-spring crop.
The Consumer Price Index (CPI) in April increased by 0.84% compared to the previous month, mainly due to rising domestic gas prices following world fuel prices, increased prices for dining out, and higher construction material costs due to increased input costs and transportation.
International organizations had either maintained or upwardly revised their 2026 global growth forecasts compared to previous projections. Stronger-than-expected growth in economies such as the United States and the ASEAN region was anticipated to offset declines in Europe and the rest of the world
The global landscape in the first quarter 2026 (Q1 2026) remained complex and unpredictable as escalating armed conflicts in the Middle East threatened international peace and security, triggering volatile energy prices, supply chain disruptions, and mounting inflationary pressures.
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The Consumer Price Index (CPI) for March 2026 increased by 1.23% compared to the previous month due to higher domestic gasoline prices following global fuel price increases, along with rising construction material prices due to increased input and transportation costs. Compared to December 2025, the CPI in March increased by 2.44% and by 4.65% compared to the same period last year.