10:09 | 14/09/2017 Industry
According to the Ministry of Industry and Trade, the consumption of the processing and manufacturing sector continued to grow relatively compared to the same period of 2016.
|The consumption index of motor vehiclescontinues to growin the first eight monthstinnhanhchungkhoan.vn|
The consumption index of the processing and manufacturing industry rose 9.5% year-on-year, higher than the growth of 8.1% year-on-year in the first eight months of 2016.
A number of industries have seen a good consumption growth rate. They include:
- Metal production increased by 22.2%;
- Motor vehicles (up 13.9%;
- Leather production and related products (up 17.4%);
- Textile (up 14.8%);
- Paper products (up 13.8%);
- Electric appliance products (up 6.3%);
- and beverage production (5.3%).
As of August 1, the inventory index in manufacturing and processing sector soared 9.8% compared to the same period last year.
Meanwhile, the inventory index of some industries decreased over the same period such as tobacco production, which decreased by 26.1%; leather production and related products (down 23.3%) and pharmaco-chemical industry (down 16.4%).