The industrial production index in September was estimated to increase by 10.8% over the same period last year. In which, the mining industry decreased by 7.3% over the same period last year; the processing and manufacturing industry increased by 13.1%; the electricity production and distribution industry increased by 6.4% and the water supply and waste and wastewater treatment industry increased by 15.2%.
Food prices increased in provinces/cities directly affected by storms and storm circulation; Some localities increased tuition fees according to the roadmap of Decree No. 97/2023/ND-CP; Rising housing rents are the main reasons why the consumer price index (CPI) in September 2024 increased by 0.29% compared to the previous month.
Industrial production in August continued its positive growth trend, with the industrial production index in August 2024 estimated to increase by 2.0% over the previous month and by 9.5% over the same period last year. Genneral, in the eight months of 2024, the industrial production index increase by 8.6% over the same period last year.
In general, in August 2024, the consumer price index (CPI) was stable compared to the previous month. Compared to December 2023, August CPI increased by 1.89% and compared to the same period last year increased by 3.45%. On average, in the eight months of 2024, CPI increased by 4.04% over the same period last year; core inflation increased by 2.71%.
Domestic gasoline prices increased according to world prices, domestic electricity demand increased, and health insurance premiums were adjusted according to the new base salary. These are the main reasons for the monthly consumer price index (CPI) July 2024 increased by 0.48% compared to the previous month.
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.
The index of industrial production (IIP) in February 2023 [...]
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%.
