5-month industrial index: Processing and manufacturing industry holds the 'throne'

The industrial production index in the first 5 months of 2025 increased by 8.8% over the same period last year, of which the processing and manufacturing industry increased the highest at 10.8%.

According to the report of the General Statistics Office ( Ministry of Finance ) on the socio-economic situation in May and the first 5 months of 2025, just announced on the morning of June 6, industrial production in May 2025 continued to maintain positive growth.

The index of industrial production (IIP) for May 2025 is estimated to increase by 4.3% over the previous month and by 9.4% over the same period last year. Of which, the water supply, waste and wastewater management and treatment industry increased by 11.3% over the same period last year; the processing and manufacturing industry increased by 11.0%; electricity production and distribution increased by 3.3%; and the mining industry increased by 1.2%.

In the first 5 months of 2025, the industrial production index increased by 8.8%. Illustrative photo

In the first 5 months of 2025, IIP is estimated to increase by 8.8% over the same period last year (increased by 7.1% in the same period in 2024). Of which, the processing and manufacturing industry increased by 10.8% (increased by 7.6% in the same period in 2024), contributing 8.8 percentage points to the overall increase; the electricity production and distribution industry increased by 4.2% (increased by 12.9% in the same period in 2024), contributing 0.4 percentage points; the water supply, waste and wastewater management and treatment industry increased by 10.0% (increased by 5.9% in the same period in 2024), contributing 0.2 percentage points; the mining industry decreased by 3.4% (increased by 5.0% in the same period in 2024), causing a decrease of 0.6 percentage points.

Also according to data from the General Statistics Office, the IIP in the first 5 months of 2025 of some key secondary industries increased compared to the same period last year: Production of motor vehicles increased by 34.3%; production of leather and related products increased by 16.8%; production of rubber and plastic products increased by 16.1%; production of garments increased by 15.7%; production of other means of transport increased by 14.1%; production of beds, cabinets, tables, and chairs increased by 12.8%...

On the contrary, the IIP index of some industries decreased, such as: Crude oil and natural gas exploitation decreased by 8.8%; production of drugs, pharmaceutical chemicals and medicinal materials decreased by 6.1%; production of electrical equipment decreased by 3.5%.

Some key industrial products in the first 5 months of 2025 increased compared to the same period last year: Automobiles increased by 70.3%; televisions increased by 25.6%; LPG increased by 21.7%; NPK mixed fertilizer increased by 18.8%; casual clothes increased by 14.6%; rolled steel increased by 13.8%; natural fiber woven fabrics increased by 13.4%; cement increased by 12.9%; steel bars and angle steel increased by 11.7%; leather shoes and sandals increased by 11.5%...

In addition, the number of employees working in industrial enterprises as of May 1, 2025 increased by 1.1% compared to the same period last month and increased by 4.5% compared to the same period last year. Of which, the corresponding rate of state-owned enterprises increased by 0.3% compared to the previous month and increased by 1.1% compared to the same period last year; foreign-invested enterprises increased by 1.3% and increased by 5.3%; non-state enterprises increased by 0.8% and increased by 3.0%.

By industry, the number of employees working in mining enterprises increased by 0.4% compared to the same period last month and decreased by 0.1% compared to the same period last year; the number of employees in the processing and manufacturing industry increased by 1.2% and increased by 4.8%; the production and distribution of electricity, gas, hot water, steam and air conditioning remained unchanged and increased by 0.8%; the water supply, waste and wastewater management and treatment industry increased by 0.1% and increased by 1.5%.

The processing and manufacturing industry continues to hold the "throne" and makes a large contribution to the IIP growth figure in the first 5 months of 2025.

Duy Anh

Source: https://congthuong.vn/chi-so-cong-nghiep-5-thang-cong-nghiep-che-bien-che-tao-giu-ngoi-vuong-391077.html