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In April last year, the national industrial production index was 100.1 points, down 3.1% from March 2024 and 5.9% from the same month in 2023.
The index reflects the details of the growth of the various sectors that make up the industrial economy, namely mining and quarrying, with a relative importance of 82.46%, manufacturing, with a relative importance of 15.85%, electricity, gas, steam industry, air conditioning supply industry, with a relative importance of 1.16%; water supply industry, with a relative importance of 0.53%. Data released yesterday by the State Planning Commission showed that compared with the previous month (March 2024), the mining industry index fell by 3.3%, which was due to the decrease in production in the crude oil and gas extraction group. The same percentage, the other mining and quarrying activities group fell by 5.7%. Compared with the same period last year (April 2023), the industry fell by 6.1%, which was due to the same percentage decrease in the index of the crude oil and gas extraction group. The other mining and quarrying activities group was 5.5%.
In the manufacturing sector, the data showed a 2.5% decline in April 2024 from the previous month (March 2024), due to a decline in output in the following industries: cement industry and other non-manufacturing industries. The metal mineral products industry grew by 7.4%, followed by the basic metal industry (basic metals) with a growth of 6.4%, the recording media printing and reproduction industry with a growth of 5.6%, the food industry with a growth of 3.0%, and the chemicals and chemical products industry with a growth of 1.8%.
The beverage industry grew by 4.2%, the refined petroleum products industry grew by 1.2%, and the rubber and plastic products industry grew by 0.3%.
On the other hand, in the same sectors, in terms of annual changes, the manufacturing index fell by 5.0% compared to the same month (April 2023), due to the decline in production in the following groups: the basic metal industry (basic metals) grew by 22.5%, followed by the printing and reproduction industry with a growth of 9.1%, the cement and other non-metallic mineral products manufacturing industry with a growth of 4.2%, and the refined petroleum products manufacturing industry with a growth of 2.0%. The chemical and chemical products manufacturing industry grew by 1.6%, the food manufacturing industry grew by 1.3%, and the rubber and plastic products manufacturing industry grew by 0.3%. Among them, the beverage industry grew by 1.2%. In terms of electricity, gas and steam supply, in April 2024, the production fell by 2.8% month-on-month (March 2024) and by 11.2% compared to the same period of the previous year (April 2023).
At the water supply sector level, production fell by 2.3% in April 2024 compared to the previous month (March 2024) and by 1.1% compared to the same period last year (April 2023).
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