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Tuesday, March 10, 2026
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PMI

Off to a good start

Macroeconomic conditions in January 2026 indicate that growth momentum has been sustained. In addition to the recovery in production and consumption, economic growth in 2026 is expected to receive strong support from public sector capital flows. Accelerating from the start of the year According to the January 2026 Socio-Economic Report released by the National Statistics Office, the Consumer Price Index (CPI) in January rose by 0.05% compared to the previous month and by 2.53% year-on-year. Inflation therefore remains effectively under control amid ongoing volatility in the global economy. In terms of production, the Index of Industrial Production (IIP) in January 2026 was estimated to decline slightly by 0.2% month-on-month but surge by 21.5% compared to the same period last year. A key driver supporting the stable growth trend of the IIP has been the improvement in domestic demand, enabling enterprises to maintain steady production rather than relying solely on short-term orders. Overall, the cumulative impact of macroeconomic policies implemented throughout 2025 has been a crucial factor supporting growth in the production sector, particularly among medium- and large-scale manufacturing and processing enterprises. In addition, the improvement in public investment disbursement from the second half of 2025 to the present has indirectly […]
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