Industrial manufacturing posts increase in September

The Index of Industrial Products (IIP) in September was estimated to rise 5.6 percent compared to the same period last year.

The inventory index of medicines and pharmaceutical chemicals mounts 41.2 percent as of September 1, 2013. (Photo: SGGP)

Of which, mining dropped 5.1 percent; industrial processing and manufacturing advanced 8.5 percent; power generation and distribution jumped 9.4 percent; and water supply, waste and wastewater treatment rocketed 11.2 percent.

In general, the IIP for the first nine months of this year climbed 5.4 percent year-on-year. Noticeably, Ho Chi Minh City saw higher increase of 6 percent than the country’s average increase in the same period.

As of September 1 this year, inventory index of industrial processing and manufacturing surged 9.3 percent year-on-year with beverage soaring 121 percent, medicines and pharmaceutical chemicals mounting 41.2 percent, and paper and paper products edging up 38.9 percent.

By Anh Phuong – Translated by Thuy Doan

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