4 factors that will help industrial production "better"

Industrial production in the second half of the year is forecast to grow higher than the first half of the year.

Industrial production in the last 6 months of the year is forecast to grow higher than the first 6 months, and it is estimated that for the whole year, this index will increase by about 5.7%.

Giving the above information at the regular press conference in June, held on the afternoon of July 1, the Ministry of Industry and Trade said that the industrial production situation in the coming months is forecast to be more positive.

According to the Ministry of Industry and Trade, four factors are expected to accelerate the industrial production index.

Firstly, since February, domestic enterprises have tended to increase imports of raw materials, which can be considered a good signal for the recovery of production.

Second, entering the summer, many products such as electricity production, electrical equipment production, refrigeration, beverage production... have increased consumption, leading to increased production.

Third, with the Government's efforts to resolve difficulties in the real estate market, a number of social housing projects have started construction, which will resolve inventory and promote production in industrial sectors related to this market.

Fourth, as trade promotion activities and export market search gradually take effect, sales promotion activities in the domestic market are also actively implemented, contributing to product consumption and reducing inventory.

In addition, textile, footwear, and electronic components groups have stable orders and increasing customer demand... which are also factors promoting production development.

According to statistics, in the first 6 months of 2013, the industrial production index (IIP) is estimated to increase by 5.2% over the same period in 2012. Compared to the same period last year, the IIP index increased gradually each month: the first 3 months increased by 4.9%; 4 months increased by 5%; 5 months increased by 5.2%; 6 months estimated to increase by 5.2%.

The Industrial Production Index (IIP) in the second quarter of 2013 increased by 6%, much higher than the 4.5% increase in the first quarter of 2013.

According to VnEconomy - PH