IPI up 6.5pct in June, continuing positive momentum across all sectors

In June 2026, the industrial production index (IPI) increased by 6.5 percent year-on-year, indicating ongoing positive growth across all sectors, according to the Statistics Department. The manufacturing sector was the primary contributor to this growth, expanding by 7.3 percent, while the electricity sector saw a 6.7 percent increase compared to a 4.8 percent rise in the previous month.

Mining production, however, grew by 3.1 percent, down significantly from 19.8 percent in May. On a month-over-month basis, the IPI rose by 5.5 percent from 1.4 percent in May.

Export-oriented industries continued to drive manufacturing production growth in June, with a 7.6 percent increase, primarily in the manufacturing of computer, electronics, and optical products, which experienced a double-digit growth of 14.9 percent. Additionally, the manufacture of coke and refined petroleum products also saw positive growth of 2.9 percent.

The YoY export-oriented industries expansion aligned with the country's export of manufactured goods during the same period. Month-over-month, export-oriented industries grew by 10.7 percent, compared to 5.7 percent growth in May.

Meanwhile, domestic-oriented industries expanded by 6.4 percent in June, following a 2.0 percent increase in May. This growth was mainly driven by robust momentum in the manufacture of motor vehicles, trailers, and semi-trailers, and basic metals, which increased by 12.6 percent and 8.2 percent, respectively. The mining sector witnessed a moderate growth of 3.1 percent in June due to a 7.4 percent increase in natural gas output.

Crude oil and condensate production decreased by 3.3 percent year-on-year, while electricity generation increased by 6.7 percent. On a month-over-month basis, the electricity index contracted by 2.9 percent compared to 1.8 percent growth in May.