Macroeconomic indicators - Vietnamese industrial production up in December
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Friday, 30 Dec 2011
Reuters reported that Vietnam's index of industrial production for December 2011 rose an estimated 7.5% from the same month last year, slowing from 8.1% in November 2011.
The General Statistics Office estimated that the index for the whole of 2011 rose by 6.8% YoY, after an annual pace of 6.9% in the first 11 months.
In June 2011, the GSO started using the IIP in place of a previous industrial output index that used 1994 prices as a base. It gave no value for industrial output.
Vietnam's index of industrial production
| Item | Dec '11 | Jan-Dec '11 | Nov '11 | Jan-Nov '11 |
| Overall | 7.5 | 6.8 | 8.1 | 6.9 |
| Mining industry | -0.3 | -0.1 | 2.2 | -0.2 |
| Processing industry | 10.3 | 9.5 | 10.6 | 9.8 |
| Utilities | 12.5 | 10 | 9.3 | 9.6 |
Utilities refer to the production and distribution of electricity, gas and water.
(Sourced from www.reuters.com)
