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Release Date :
Reference Number :
1999-035

 

Production and sales for total manufacturing in April 1999 inched up compared to a year ago according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI).

The growth of volume of production increased to 1.9 percent in April from 0.9 percent in March. That of the volume of net sales also increased to 1.4 percent from a decline of 4.9.

Manufactures of food, electrical machinery, and basic metals turned in a positive performance in both production and sales.

However, wearing apparel, wood and wood products, furniture & fixtures, paper and paper products, petroleum products and non-metallic mineral products posted decreases in both.

 
Value of Production

In April 1999, the value of production index (VaPI) of 452.6 increased by 4.5 percent compared with 433.0 in April 1998. Year-on-year increases were observed in 9 out of 16 major sectors (See Annex 1A). Among the major sectors, textiles posted the highest year-on-year VaPI growth of 55.2 percent attributed to the expected demand for uniforms in anticipation of school opening. Other sectors that posted increases were transport equipment (23.8%), electrical machinery (7.6%), food manufacturing (4.0%), basic metals (8.4%), beverage (19.1%), rubber products (21.3%), miscellaneous manufactures (9.4%) and tobacco (3.7%).

On the other hand, wearing apparel continued to decline since January 1999. It posted the biggest decline of 26.3 percent due to closure and shutdown of sample establishments. Other sectors that posted double-digit decreases were wood & wood products (-34.0%), paper & paper products (-24.7%), non-metallic mineral products (-24.3%) and chemicals (-6.2%).

 
Volume of Production

The volume of production index (VoPI) increased by 1.8 percent from 129.3 last year to 131.7. Nine out of 16 sectors posted year-on-year increases led by textile, which increased by 49.9 percent (See Annex 1B). Other sectors which largely contributed to the growth of the overall VoPI were basic metals (28.3%), transport equipment (14.3%), electrical machinery (5.6%), food manufacturing (1.0%), beverage (3.5%), rubber products (3.1%), other manufacturing industries (8.6%) and tobacco (5.8%).

 
Value of Net Sales

The value of net sales for April 1999 increased by 2.1 percent compared to last year. Seven out of 16 sectors showed increases led by food manufacturing, which grew by 16.6 percent (See Annex 2A). Other sectors that recorded gains were chemicals (24.9%), rubber products (67.6%), electrical machinery (9.2%), basic metals (4.5%), textiles (3.0%) and transport equipment (1.2%).

On the other hand, petroleum products posted the biggest decline of 12.0 percent. Other sectors that posted double-digit decreases were non-metallic mineral products (-32.6%), wood & wood products (-23.6%), paper & paper products (-18.2%), wearing apparel (-10.8%) and miscellaneous manufactures (-17.4%).

 
Volume of Net Sales

The volume of net sales for April 1999 posted an increase of 1.4 percent over last year. Increases were noted in five sectors led by food manufacturing, which grew by 13.3 percent (See Annex 2B). This was followed by chemicals (17.7%), basic metals (21.1%), electrical machinery (7.2%) and rubber products (42.4%).

 
Capacity Utilization

Responding establishments operating below 70% capacity were 42.1 percent in April 1999 compared to 38.1 percent a year ago. About 14.7 percent operated at full capacity (90%-100%) compared to 16.6 percent in April 1998.

The following sectors that had decreased use of existing capacity in April 1999 were beverage, wood & wood products, chemicals, non-metallic mineral products, basic metals and transport equipment. On the other hand, furniture and fixtures, rubber products, electrical machinery and miscellaneous manufactures showed indications of increasing capacity utilization. Capacity utilization is defined as the ratio of output to the maximum rated capacity of the plant.

 
Response Rate

These results were based on the response of 383 sample establishments, which comprised 69.3 percent of the total number of establishments covered by the survey.

 
 

ANNEX 1-A

VALUE OF PRODUCTION INDEX (APRIL 1999)
YEAR-ON-YEAR GROWTH (%)
April Marchr
GAINERS
Textile
Transport Equipment
Electrical Machinery
Food Manufacturing
Basic Metals
Beverage
Rubber Products
Miscellaneous Manufactures
Tobacco
 
55.2
23.8
7.6
4.0
8.4
19.1
21.3
9.4
3.7
 
15.4
8.2
8.7
16.9
-26.5
49.9
26.6
43.1
7.1
LOSERS
Wearing Apparel
Wood & Wood Products
Paper & Paper Products
Non-Metallic Mineral Products
Chemicals
Petroleum Products
Furniture & Fixtures
 
-26.3
-34.0
-24.7
-24.3
-6.2
-1.4
-10.4
 
-13.9
-23.0
-7.9
-28.3
-5.7
-10.6
-5.8
 
MONTH-ON-MONTH
 
   
GAINERS
Petroleum Products
 
2.3
 
-0.4
LOSERS
Food manufacturing
Wearing Apparel
Transport Equipment
Paper & Paper Products
Wood & Wood Products
Chemicals
Basic Metals
Electrical Machinery
Non-Metallic Mineral
Beverage
Rubber Products
Miscellaneous Manufactures
Furniture & Fixtures
Textile
Tobacco
 
-17.2
-19.2
-24.5
-25.2
-24.9
-8.0
-8.5
-4.0
-11.6
-11.0
-11.3
-24.2
-12.0
-1.3
-9.4
 
-3.6
10.2
12.4
7.9
25.3
-3.5
0.7
11.7
3.7
27.6
12.0
8.7
-0.2
-5.5
16.9

r - revised due to updating of data from late responding establishments.
Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate.

 

ANNEX 1-B

VOLUME OF PRODUCTION INDEX (APRIL 1999)
YEAR-ON-YEAR GROWTH (%)
April Marchr
GAINERS
Textile
Basic Metals
Transport Equipment
Electrical Machinery
Food Manufacturing
Beverage
Rubber Products
Other Manufacturing Industries
Tobacco
 
49.9
28.3
14.3
5.6
1.0
3.5
3.1
8.6
5.8
 
11.6
-9.9
-3.3
4.6
12.8
28.7
6.8
43.0
8.5
LOSERS
Wearing Apparel
Wood & Wood Products
Paper & Paper Products
Petroleum Refineries
Chemicals
Non-Metallic Mineral Products
Furniture & Fixtures
 
-20.0
-32.9
-29.0
-5.7
-11.6
-21.4
-30.1
 
-13.7
-21.8
-17.8
-9.6
-11.5
-25.4
-7.8
 
MONTH-ON-MONTH
 
   
LOSERS
Food Manufacturing
Transport Equipment
Paper & Paper Products
Wood & Wood Products
Basic Metals
Chemicals
Wearing Apparel
Petroleum Refineries
Electrical Machinery
Non-Metallic Mineral Products
Beverage
Rubber Products
Furniture & Fixtures
Other Manufacturing
Textile
Tobacco
 
-17.1
-24.7
-24.3
-24.9
-12.5
-8.0
-8.4
-2.5
-4.0
-8.2
-11.1
-11.4
-29.8
-25.6
-1.5
-9.4
 
-3.5
13.1
6.8
25.3
-1.4
-4.0
10.5
0.2
11.9
-4.1
27.6
9.5
-0.2
11.4
-5.5
16.9

r - revised due to updating of data from late responding establishments.
Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate.

 

ANNEX 2-A

NET SALES VALUE (APRIL 1999)
YEAR-ON-YEAR GROWTH (%)
April Marchr
GAINERS
Food Manufacturing
Chemicals
Rubber Products
Electrical Machinery
Basic Metals
Textile
Transport Equipment
 
16.6
24.9
67.6
9.2
4.5
3.0
1.2
 
-25.9
4.4
35.9
63.9
-6.8
-4.1
37.1
LOSERS
Petroleum Products
Non-Metallic Mineral Products
Wood & Wood Products
Paper & Paper Products
Wearing Apparel
Beverages
Miscellaneous Manufactures
Furniture & Fixtures
Tobacco
 
-12.0
-32.6
-23.6
-18.2
-10.8
-8.4
-17.4
-4.4
-2.5
 
-17.8
-21.4
27.2
-18.4
-5.2
-51.2
89.1
-12.1
-2.0
 
MONTH-ON-MONTH
 
   
GAINERS
Chemicals
Basic Metals
Rubber Products
Tobacco
 
20.7
1.1
4.0
3.5
 
18.9
-7.0
0.6
18.8
LOSERS
Electrical Machinery
Food Manufacturing
Petroleum Products
Wearing Apparel
Transport Equipment
Wood & Wood Products
Non-Metallic Mineral Products
Paper & Paper Products
Textile
Furniture & Fixtures
Beverages
Miscellaneous Manufactures
 
-16.4
-6.5
-6.3
-17.3
-21.9
-20.4
-14.8
-11.2
-6.8
-10.6
-2.4
-4.6
 
13.3
2.3
9.8
-6.7
10.5
31.5
14.8
24.3
6.4
3.1
-3.0
-44.0

Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate.

 

ANNEX 2-B

NET SALES VOLUME (APRIL 1999)
YEAR-ON-YEAR GROWTH (%)
April March
GAINERS
Food Manufacturing
Chemicals
Basic Metals
Electrical Machinery
Rubber Products
 
13.3
17.7
21.1
7.2
42.4
 
-27.3
-1.5
8.4
57.8
14.6
LOSERS
Non-Metallic Mineral Products
Petroleum Products
Paper & Paper Products
Wood & Wood Products
Beverages
Transport Equipment
Wearing Apparel
Furniture & Fixtures
Miscellaneous Manufactures
Textile
Tobacco
 
-41.9
-7.2
-22.9
-22.4
-20.4
-6.6
-3.3
-24.6
-18.0
-0.5
-0.5
 
-31.8
-21.9
-24.0
29.3
-58.1
20.9
-5.0
-24.6
77.7
-7.3
-0.7
 
MONTH-ON-MONTH
 
   
GAINERS
Chemicals
Petroleum Products
Basic Metals
Rubber Products
Tobacco
 
20.6
3.5
0.9
3.8
3.5
 
18.7
-16.5
-7.2
-1.8
18.8
LOSERS
Electrical Machinery
Food Manufacturing
Transport Equipment
Wood & Wood Products
Non-Metallic Mineral Products
Paper & Paper Products
Wearing Apparel
Textile
Beverages
Furniture & Fixtures
Miscellaneous Manufactures
 
-16.5
-6.4
-22.1
-20.4
-15.1
-10.2
-6.2
-7.1
-2.4
-7.5
-6.3
 
13.6
4.1
10.5
31.5
14.4
22.8
-6.5
6.3
-3.0
-7.5
-43.0

Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate.

 

Distribution of Key Enterprise by Capacity Utilization
(In percent)

Capacity
  Utilization  
1998 1999
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR

 Below 50 % 

50 - 59 %

60 - 69 %

70 - 79 %

80 - 89 %

90 - 100 %

11.9

12.3

13.9

23.1

22.1

16.6

12.6

11.2

15.4

21.1

23.2

16.5

13.1

9.9

14.1

21.3

23.9

17.7

12.3

8.5

17.1

22.4

21.4

18.4

11.8

11.3

17.2

20.5

22.7

16.6

11.8

11.4

16.8

22.3

20.9

16.8

12.3

12.3

17.1

20.2

20.9

17.3

13.1

10.5

15.5

21.0

21.8

18.1

12.5

12.5

15.9

20.3

23.5

15.4

12.3

12.3

15.3

21.9

21.6

16.8

13.8

11.6

16.4

22.6

22.0

13.5

14.3

10.6

14.3

22.1

22.6

16.0

14.4

10.6

17.1

22.6

20.6

14.7


 

Percentage Changes in Production and Net Sales of
Key Enterprises: April 1998 - April 1999

ITEM APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR

Year-on-Year Change
Production
  Value 
  Volume 
Net Sales 
  Value
  Volume
 
-5.6r
-14.9r
  
0.7
-9.9
 
0.8r
-9.9r
  
11.8
3.7
 
7.2r
-5.0r
  
5.0
-10.4
 
-0.1r
-11.6r
  
3.3
-5.4
 
-6.4r
-15.7r
  
-12.8
-23.3
 
-0.5r
-9.9r
  
-5.1
-16.0
 
-7.6r
-15.7r
  
-21.7
-15.0
 
-17.3r
-24.1r
  
-10.7
-16.1
 
-8.2r
-13.6r
  
-5.2
-6.0
 
-4.4r
-5.6r
  
-12.2
-19.0
 
-1.2r
-1.6r
  
-11.1
-13.8
 
3.5r
0.9r
  
-1.7
-4.9
 
4.5 
1.9 
  
2.1
1.4
 
Month-on-Month Change
Production
  Value 
  Volume 
Net Sales 
  Value
  Volume
 
-11.9r
-12.4r
  
-1.1
-3.7
 
5.0r
4.3r
  
6.5
10.7
 
8.2r
7.8r
  
-2.4
-3.0
 
-2.2r
-2.2r
  
4.1
4.9
 
-3.5r
-3.3r
  
-12.5
-11.3
 
5.6r
5.1r
  
4.1
2.5
 
-4.7r
-5.0r
  
5.6
-1.1
 
-2.2r
-2.8r
  
1.7
0.5
 
-6.0r
-4.9r
  
1.9
1.5
 
3.9r
3.8r
  
-2.7
-10.2
 
-7.5r
-7.0r
  
31.3
33.9
 
6.0r
5.7r
  
8.0
2.9
 
-11.0 
-11.6 
  
-6.6
-3.9

r - revised due to updating of data from late responding establishments.

Source: National Statistics Office
Manila, Philippines

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