10-month industrial production index up 12.8%

In the first 10 months of 2022, the processing and manufacturing industry ranks first in the provincial industrial production

The processing and manufacturing industry remained at the top with a growth rate of 13.7%.

Typical examples in the processing and manufacturing industry were fields with fairly high and stable rises like production of electronic components (19.8%) and casting of metal products (19.3%).

However, some groups in the industry, such as garments, footwear, toys, and electrical equipment, posted low growth rates. The reason is that these products are mainly exported to major markets like the US and EU countries, which are under the pressure of inflation and energy crisis.

Hai Duong News