According to a report by the Department of Industry and Trade of Long An, the industrial production index in February 2022 is estimated to decrease by 18.34 percent compared to the previous month.
Because February 2022 is the month of Tet, businesses have a long Tet holiday, leading to a decrease in production activities of enterprises compared to the previous month. However, accumulated industrial production to February 2022 still increased by 1.09 percent over the same period last year.
In which, the processing and manufacturing industry increased by 1.02 percent; electricity production and distribution by 2.32 percent; water supply, management and treatment of waste and wastewater increased by 3.94 percent.
For industrial products, the number of industrial product groups in 2022 is 60 groups; in which 38 out of 60 groups had an increase over the same period and 22 out of 60 groups decreased over the same period.
Specifically, a number of industrial products increased: Dried cashew nuts increased by 42.81 percent; Bottled beer increased by 74.71 percent; Canned beer increased by 48.83 percent; Natural fibers increased by 25.66 percent; Production of suits and uniforms increased by 58.90 percent; Handbags increased by 37.68 percent; Backpacks increased by 10.62 percent; Footwear increased by 20.24 percent; Fertilizers increased by 27.55 percent; Paint and varnish production increased by 26.72 percent; Pharmaceutical and medicinal chemicals production services increased by 26.38 percent; Plastic packaging increased by 21.69 percent; Production of rolled iron and non-alloy steel pipes increased by 31.22 percent…
Some industrial products decreased: Aquatic feed decreased by 13.25 percent; yarn from artificial cotton decreased by 41.68 percent; woven fabrics from man-made fibers decreased by 26.31 percent; adult non-knitted and crocheted shirts down 53.78 percent; Products of construction components decreased by 18.52 percent; semi-finished iron and steel decreased by 59.66 percent; Production of motorized bodywork for freight vehicles decreased by 33.33 percent…
Source: LONG AN PORTAL