According to Dong Nai Statistics Office, goods of the processing and manufacturing industry in August 2022, the stock index increased by nearly 8% compared to the previous month. Some industries with high stock index were food production and processing, which increased by nearly 56%; production of tobacco products increased by nearly 26%; production of products from prefabricated metal increased by nearly 19%; production means of transport more than 30%.
The reason for the increase in the stock index is that from July 2022, there were some difficulties due to the sudden increase in the price of input materials, which increased the cost of products, affecting the consumption of products. Besides, the number of export contracts of enterprises decreased, and the product consumption market was difficult. According to some businesses, exports from now until the end of the year may still face many difficulties because gasoline prices continue to escalate and show no signs of stopping, which will push up raw material prices and transportation costs continue to escalate, consumers tighten spending.
Author: Vi Quan
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