**Industrial Production Index in January 2025: A Mixed Performance Across Industries and Regions**
The Industrial Production Index (IPI) for January 2025 is estimated to decrease by 9.2% compared to the previous month
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The IPI for the whole industry in January 2025 is estimated to decrease by 9.2% compared to the previous month, but it increased by 0.6% over the same period last year. Specifically, the manufacturing industry increased by 1.6% over the same period last year; electricity production and distribution increased by 0.4%; water supply, waste management, and treatment activities increased by 9.2%. Conversely, the mining industry decreased by 10.4%.
The growth/decline rate of the IPI in January 2025 for some key industries compared to the same period last year: Motor vehicle production increased by 33.8%; bed, cabinet, table, and chair production increased by 10.6%; leather and related product production increased by 10.3%; garment production increased by 6.1%; textile increased by 4.2%; electronic product, computer, and optical product production increased by 3.8%; production of other non-metallic mineral products increased by 3.5%; food processing increased by 2.1%.
On the other hand, some industries saw a decline in their IPI: Pharmaceutical, chemical, and pharmaceutical material production decreased by 29.1%; coal mining decreased by 20.1%; electrical equipment production decreased by 11.5%; chemical and chemical product production decreased by 8.4%; printing and recording decreased by 7.9%; crude oil and natural gas extraction decreased by 6.5%.
 Growth/Decline Rate of IPI in January 2025 Compared to the Same Period Last Year by Region
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The IPI in January 2025 compared to the same period last year increased in 47 localities and decreased in 16 localities nationwide. Some localities achieved high IPI growth due to the strong performance of the manufacturing industry and the electricity production and distribution sector. Conversely, some localities had low or negative IPI growth due to the underperformance of the manufacturing industry, the mining industry, and the electricity production and distribution sector.
Some key industrial products in January 2025 saw significant growth compared to the same period last year: Automobiles increased by 60.7%; televisions increased by 50.1%; NPK compound fertilizer increased by 13.7%; fabric made from natural fibers increased by 9.6%; fresh milk increased by 7.3%; powdered milk increased by 5.7%; and regular clothing increased by 5.0%. Conversely, some products decreased compared to the same period last year: Clean coal decreased by 20.0%; telephone components decreased by 14.1%; motorcycles decreased by 12.0%; sugar decreased by 10.7%; liquefied petroleum gas (LPG) decreased by 9.2%; crude oil extraction decreased by 8.2%; chemical paint decreased by 6.8%; and steel bars and angles decreased by 6.7%.
The number of employees in industrial enterprises as of January 01, 2025, increased by 0.2% compared to the previous month and by 4.5% over the same period last year. Specifically: The number of employees in state-owned enterprises increased by 0.1% and 1.7%; non-state-owned enterprises remained unchanged and increased by 3.6%; foreign-invested enterprises increased by 0.3% and 4.9%. By industry, the number of employees in mining enterprises increased by 0.3% compared to the previous month and remained unchanged compared to the same period last year; the manufacturing industry increased by 0.2% and 4.9%; electricity, gas, hot water, steam, and air conditioning production and distribution increased by 0.1% and 0.2%; water supply, waste management, and treatment activities remained unchanged and increased by 1.1%.
– 10:38 02/06/2025
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