Inventory index posts increase

According to the General Statistics Office, the inventory index by February 1 this year rose by 19.9 percent compared to the same period last year.

Of which, motor vehicle manufacturing soared by 142.5 percent; electric wire inventory surged 64.1 percent; metallic building components manufacturing rose 62 percent; communications equipment manufacturing climbed 60.1 percent; fertilizers and nitrogen compound inventory increased 58.1 percent; and beer inventory mounted 49.4 percent.

Meanwhile, among some industries which just saw a slight rise or even a decrease in inventory index, manufacturing of concrete, and cement products ticked up 17.3 percent; milk and dairy products inched up 13.5 percent; manufacturing of made-from-clay building materials added up 2.5 percent; battery and accumulator manufacturing declined 38.6 percent; and electronic spare parts dropped 62.9 percent.

By Ng.Quang – Translated by Thuy Doan

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