The industrial production index recorded a slight increase of 5% in April 2024

In April 2025, the Index of Industrial Production (IIP) increased by 5 percent compared to 4.6 percent in the same month the previous year. Factory production in the country increased slightly from 4.9% to 5.8% in the previous month.

Based on data from the Ministry of Statistics and Program Implementation, the IPI Quick Estimates with a 2011–2012 basis amounted to 140.7 in April 2023 compared to 147.7 in April 2024.

As of April 2024, the corresponding industrial production rates for the mining, manufacturing and electricity sectors are 130.8, 144.2 and 212.0.

In April 2024, compared to April 2023, the growth rates in the three sectors: mining, manufacturing and electricity were 6.7%, 3.9%, respectively. and 10.2 percent

In the industrial processing sector, “production of basic metals” (8.1%), “production of coke and refined petroleum products” (4.9%) and “production of motor vehicles, trailers and semi-trailers” (11.4%) ) according to the report have the highest growth rates, which contributed to the increase in IIP in April 2024.

It is worth noting that according to the use-based classification, the corresponding IIP (index of industrial production) growth rates in April 2024 compared to April 2023 are as follows:

7.0% on primary goods, 3.1% on capital goods, 3.2% on intermediate goods, 8.0% on infrastructure and construction goods, 9.8% on consumer durables and 2.4% on goods impermanent. The top three factors contributing positively to IIP (Industrious Production) growth for April 2024, as per the usage-based classification, are consumer durables, infrastructure/construction goods and basic goods.

Quick estimates

The Ministry said that for the April 2024 flash estimate, the March 2024 first revision and the January 2024 final revision, weighted response rates of 92%, 96% and 96% were collected. and 96 percent

As of April 2024, the corresponding industrial production rates for the mining, manufacturing and electricity sectors are 130.8, 144.2 and 212.0. In April 2024, compared to April 2023, the growth rates in the three sectors: mining, manufacturing and electricity were 6.7%, 3.9%, respectively. and 10.2 percent