Monthly Integrated Survey of Selected Industries : November 2009

Reference Number: 

2010-040

Release Date: 

Tuesday, January 26, 2010
 
Total Manufacturing    November 2009     October 2009
Year-on-Year Growth  
Production Index (2000=100)  
Value(VaPI) 2.1 -9.9r
Volume(VoPI) 6.5 -5.0r
Net Sales Index (2000=100)  
Value(VaNSI) 9.4 -7.6r
Volume(VoNSI) 14.1 -2.5r
Producer Price Index (2000=100) -4.2r -5.2r
AVERAGE CAPACITY UTILIZATION 82.6 82.3r
 

    r - revised

 

·  Value of Production posts positive growth for the first time after 12 months

Value of Production Index (VaPI) of the manufacturing industry recovered at 2.1 percent in November 2009 from a year-on-year negative growth observed since November 2008, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This was accounted for by the significant performance in production of petroleum products, which rose by 42.9 percent after registering a decline of 31.1 percent in October 2009. Other major sectors that posted two-digit increases were miscellaneous manufactures, tobacco products, non-metallic mineral products, basic metal, and rubber and plastic productsRefer to Tables 1-A and 1.

On a monthly basis, VaPI posted a slower growth of 1.1 percent in November 2009. Twelve of 20 major sectors accounted for the increment, led by paper and paper products with an increase of 12.5 percent. Refer to Tables 1-A and 1.

·  Volume of Production also recovers in November 2009

Volume of Production Index (VoPI) reflected an annual increment of 6.5 percent in November 2009, after registering declines in the last 12 months. Sectors that mainly influenced the increase were the following: miscellaneous manufactures, basic metals, tobacco products, electrical machinery, petroleum products, non-metallic mineral products, rubber and plastic products, and transport equipmentRefer to Tables 1-B and 2.

VoPI, on a monthly comparison, slightly grew by 0.5 percent in November 2009. Eleven major sectors exhibited positive growths led by paper and paper products, with two-digit increment of 12.0 percent. Refer to Tables 1-B and 2.

                                                                                                               

 

                                                                                                               

 

·  Value of Net Sales steps up in November 2009

On a year-on-year basis, Value of Net Sales Index (VaNSI) climbed by 9.4 percent in November 2009 from the 12-months decline since November 2008. Nine (9) of the 11 major sectors influenced the increase in sales, namely: publishing and printing, tobacco products, basic metals, machinery except electrical, wood and wood products, transport equipment, electrical machinery, food manufacturing and non-metallic mineral productsRefer to Tables 2-A and 3.

Likewise, VaNSI recorded a month-on-month increase of 2.3 percent in November 2009. This was due to the increases by eight (8) major sectors, outpacing the decreases reported by 12 major sectors.Refer to Tables 2-A and 3.

·  Volume of Net Sales registers two-digit growth

Volume of Net Sales Index (VoNSI) also recorded a two-digit annual growth of 14.1 percent in November 2009. Significant expansion in sales output was exhibited by basic metals with an increase of 72.4 percent, followed by 10 major sectors that posted two-digit increments, namely:tobacco products, publishing and printing, electrical machinery, machinery except electrical, transport equipment, food manufacturing, miscellaneous manufactures, rubber and plastic products, paper and paper products and non-metallic mineral productsRefer to Tables 2-B and 4.

On a month-on-month change, VoNSI recorded an increase of 1.8 percent in November 2009. This was primarily due to the increases observed in nine (9) major sectors that offset the decreases reported by 11 major sectors. Refer to Tables 2-B and 4.

 

 

·  Capacity Utilization

Average capacity utilization in November 2009 for total manufacturing stood at 82.6 percent. Eleven (11) major sectors registered capacity utilization rates of 80% and more, namely: basic metals, food manufacturing, electrical machinery, machinery except electrical, leather products, paper and paper products, miscellaneous manufactures, chemical products, non-metallic mineral products, rubber and plastic products and petroleum products.Refer to Table 6.

The proportion of establishments that operated at full capacity (90% to 100%) was 11.3 percent in November 2009. About 64.8 percent of the establishments operated at 70% to 89% capacity while 23.9 percent of the establishments operated below 70% capacity.

Distribution of Key Manufacturing Establishments by Capacity Utilization 
Total Manufacturing, November 2009

(In percent)

Capacity Utilization

Percent Share

Below 50 percent

3.3

50 percent - 59 percent

6.1

60 percent - 69 percent

14.5

70 percent - 79 percent

19.9

80 percent - 89 percent

44.9

90 percent - 100 percent

11.3

 

·  Response Rates

The response rates for the November 2009 MISSI and PPS are 85.7 percent and 96.2 percent, respectively. Refer to Tables 7 and 8

Response Rates for Total Manufacturing
(In percent)

 

November 2009

October 2009 
(revised)

MISSI

85.7

94.7r

PPS

96.2r

 
                       r-revised

·  Technical Notes

Only the 2000 based series will be continued beginning the July 2008 issue.

Starting with the February 2008 issue, a revised industry disaggregation of the MISSI indices and PPI will be adopted to conform with the amended 1994 PSIC groupings. Rubber and Plastic Products is a new major sector, consisting of two subsectors, namely: Rubber Productsand Plastic ProductsRubber Products was previously a major sector while Plastic Productswas one of the sub-sectors of Chemical Products.

With previously seven (7) subsectors, the major sector of Chemical Products has now six (6) subsectors, namely: Basic Chemicals and Industrial Gases, Fertilizers, Paints, Drugs and Medicines, Cosmetics and Toilet Preparations, and Miscellaneous Chemicals.

The major sector of Machinery except Electrical has been split into two subsectors, namely:Machinery and Equipment, n.e.c. and Office, Accounting and Computing Machinery.

The corresponding weights of the above major sectors and sub-sectors have been recomputed to allow for the revised computation of the indices.

Beginning the February 2008 issue, the VaPI, VoPI, VaNSI, VoNSI and the revised PPI for Total Manufacturing for all months of 2008 are computed based on the revised industry disaggregation.

Also, beginning with the January 2009 data, weights of the major sectors and sub-sectors for the PPI and Capacity Utilization Rate have been computed utilizing the results of the 2006 Census of Philippine Business and Industry for Manufacturing Establishments for ATE of 20 and over.

Data of non-responding sample establishments are estimated based on previous records and other available sources. Revisions to the preliminary estimates are done upon receipt of actual reports of late respondents. 

 

 

                                                                                                                     (Sgd.) CARMELITA N. ERICTA
                                                                                                                           Administrator


TABLE 1-A. VALUE OF PRODUCTION INDEX, October 2009 - November 2009
(2000=100)
 

 

Gainers

Year-on-Year Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Petroleum Products

42.9

-31.1

 

Electrical Machinery

9.6

-17.7

 

Non-Metallic Mineral Products

25.0

18.1

 

Miscellaneous Manufactures

34.8

7.7

 

Basic Metals

14.1

7.5

 

Tobacco Products

28.1

13.1

 

Transport Equipment

8.1

4.8

 

Rubber and Plastic Products*

10.5

6.8

 

Textiles

4.9

-10.6

 

Chemical Products

1.1

4.1

 

Publishing and Printing

6.9

8.3

 

 

 

 

Losers

Year-on-Year Growth (%)

November 2009

October 2009
(revised)

 

Beverages

-35.5

-32.8

Footwear and Wearing Apparel

-28.3

-24.2

Food Manufacturing

-4.3

-2.8

Furniture and Fixtures

-32.9

-35.9

Fabricated Metal Products

-13.9

-19.9

Paper and Paper Products

-6.7

-25.8

Leather Products

-37.3

-44.2

Machinery Except Electrical

-0.7

-11.7

Wood and Wood Products

-1.2

6.3

 

 

TABLE 1-A. VALUE OF PRODUCTION INDEX, October 2009 - November 2009 (concluded)
(2000=100)
 

 

Gainers

Month-on-Month Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Electrical Machinery

4.3

4.4

 

Food Manufacturing

4.1

14.3

 

Beverages

7.8

-6.1

 

Machinery Except Electrical

2.8

-0.5

 

Paper and Paper Products

12.5

-10.2

 

Chemical Products

2.3

-5.8

 

Textiles

5.0

-1.6

 

Non-Metallic Mineral Products

1.8

0.9

 

Publishing and Printing

4.4

1.8

 

Leather Products

7.0

2.7

 

Petroleum Products

0.1

8.1

 

Rubber and Plastic Products*

0.2

9.4

 

 

 

 

Losers

Month-on-Month Growth (%)

November 2009

October 2009
(revised)

 

Basic Metals

-15.7

11.5

Footwear and Wearing Apparel

-5.3

4.5

Miscellaneous Manufactures

-7.7

1.2

Transport Equipment

-3.0

8.2

Wood and Wood Products

-12.6

16.6

Furniture and Fixtures

-4.2

-5.4

Tobacco Products

-1.5

35.5

Fabricated Metal Products

-1.9

2.6

 

Notes:

* - new sector in the 2000-based series

Sectors are ranked according to their contribution to the overall 2000-based November 2009 growth rate.

Year-on-year growth rates are computed by dividing the current month index by previous year same month index less 1.

Month-on-month growth rates are computed by dividing the current month index by previous month index less 1.

TABLE 1-B. VOLUME OF PRODUCTION INDEX, October 2009 - November 2009
(2000=100)
 

 

Gainers

Year-on-Year Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Electrical Machinery

25.1

-5.9

 

Petroleum Products

22.5

-22.3

 

Basic Metals

48.8

44.5

 

Miscellaneous Manufactures

56.7

24.5

 

Machinery Except Electrical

9.0

-7.6

 

Non-Metallic Mineral Products

23.3

17.0

 

Transport Equipment

14.4

10.1

 

Tobacco Products

30.1

14.9

 

Rubber and Plastic Products*

16.4

16.3

 

Paper and Paper Products

6.8

-13.6

 

Furniture and Fixtures

1.9

-3.8

 

 

 

 

Losers

Year-on-Year Growth (%)

November 2009

October 2009
(revised)

 

Beverages

-36.2

-33.5

Footwear and Wearing Apparel

-34.3

-32.5

Chemical Products

-2.9

-6.5

Food Manufacturing

-0.6

a/

Wood and Wood Products

-17.4

-11.1

Leather Products

-37.3

-45.9

Fabricated Metal Products

-4.8

-13.8

Textiles

-3.5

-17.7

Publishing and Printing

-4.9

-2.1

 

 

TABLE 1-B. VOLUME OF PRODUCTION INDEX, October 2009 - November 2009(concluded)
(2000=100)
 

 

Gainers

Month-on-Month Growth (%)

 

November 2009

October 2009
(revised)

 

Food Manufacturing

4.6

13.7

Machinery Except Electrical

5.7

3.6

 

Beverages

7.8

-6.2

 

Electrical Machinery

1.7

7.2

 

Paper and Paper Products

12.0

-10.3

 

Chemical Products

2.4

-6.5

 

Textiles

4.7

-1.7

 

Publishing and Printing

4.4

1.8

 

Non-Metallic Mineral Products

1.3

-0.5

 

Leather Products

7.0

2.7

 

Furniture and Fixtures

1.3

-10.7

 

 

 

Losers

Month-on-Month Growth (%)

 

November 2009 October 2009
(revised)

Petroleum Products

-7.0

9.4

 

Basic Metals

-14.3

26.7

 

Footwear and Wearing Apparel

-5.3

4.5

 

Transport Equipment

-3.2

9.6

 

Miscellaneous Manufactures

-6.3

0.7

 

Wood and Wood Products

-12.6

16.6

 

Tobacco Products

-1.5

35.5

 

Fabricated Metal Products

-1.9

2.6

 

Rubber and Plastic Products*

-0.1

7.7

 

Notes

* - new sector in the 2000-based series

a/ - Less than 0.1 percent increase

Sectors are ranked according to their contribution to the overall 2000-based November 2009 growth rate.

Year-on-year growth rates are computed by dividing the current month index by previous year same month index less 1.

Month-on-month growth rates are computed by dividing the current month index by previous month index less 1.

TABLE 2-A. VALUE OF NET SALES INDEX, October 2009 - November 2009
(2000=100)
 

 

Gainers

Year-on-Year Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Electrical Machinery

23.3

-2.4

 

Food Manufacturing

15.7

-5.0

 

Machinery Except Electrical

26.9

-18.3

 

Basic Metals

32.3

14.5

 

Transport Equipment

23.4

27.9

 

Tobacco Products

44.2

15.0

 

Publishing and Printing

52.6

26.5

 

Non-Metallic Mineral Products

12.0

14.0

 

Wood and Wood Products

24.5

19.7

 

Rubber and Plastic Products

6.3

10.8

 

Miscellaneous Manufactures

2.0

11.8

 

 

 

 

Losers

Year-on-Year Growth (%)

November 2009

October 2009
(revised)

 

Beverages

-19.6

-22.8

Footwear and Wearing Apparel

-17.6

-12.1

Petroleum Products

-4.6

-34.0

Fabricated Metal Products

-22.5

-18.9

Chemical Products

-3.4

-2.0

Furniture and Fixtures

-31.2

-40.1

Textiles

-6.3

-24.4

Leather Products

-35.3

-27.7

Paper and Paper Products

-3.6

-16.3

 

 

TABLE 2-A. VALUE OF NET SALES INDEX, October 2009 - November 2009
(concluded)
(2000=100) 
 

 

Gainers

Month-on-Month Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Machinery Except Electrical

18.2

-9.1

 

Food Manufacturing

7.8

4.2

 

Electrical Machinery

5.0

-1.7

 

Beverages

6.9

-5.5

 

Tobacco Products

14.2

7.2

 

Publishing and Printing

2.5

0.2

 

Textiles

1.3

-1.1

 

Leather Products

5.1

5.3

 

 

 

 

Losers

Month-on-Month Growth (%)

November 2009

October 2009
(revised)

 

Petroleum Products

-2.5

8.4

Miscellaneous Manufactures

-8.4

8.6

Basic Metals

-2.7

-1.5

Chemical Products

-0.9

5.1

Furniture and Fixtures

-8.4

-6.6

Footwear and Wearing Apparel

-2.1

7.2

Rubber and Plastic Products*

-5.3

3.9

Wood and Wood Products

-9.6

20.2

Transport Equipment

-1.2

4.2

Fabricated Metal Products

-2.9

3.1

Non-Metallic Mineral Products

-0.9

8.3

Paper and Paper Products

-1.1

7.2

 

Note:

* - new sector in the 2000-based series

Sectors are ranked according to their contribution to the overall 2000-based November 2009 growth rate.

Year-on-year growth rates are computed by dividing the current month value of net sales by previous year same month value of net sales less 1.

Month-on-month growth rates are computed by dividing the current month value of net sales by previous month value of net sales less 1.

TABLE 2-B. VOLUME OF NET SALES INDEX, October 2009 - November 2009
(2000=100)
 

 

Gainers

Year-on-Year Growth (%)

 

November 2009

October 2009
(revised)

 

Electrical Machinery

40.7

11.5

Machinery Except Electrical

39.4

-14.5

 

Food Manufacturing

20.2

-2.2

 

Basic Metals

72.4

53.8

 

Transport Equipment

30.6

34.3

 

Tobacco Products

46.5

16.8

 

Publishing and Printing

44.1

19.5

 

Miscellaneous Manufactures

18.6

29.2

 

Non-Metallic Mineral Products

10.4

12.8

 

Paper and Paper Products

10.5

-2.4

 

Rubber and Plastic Products*

-12.0

20.6

 

Furniture and Fixtures

4.5

-10.2

 

Wood and Wood Products

4.1

0.1

 

 

 

Losers

Year-on-Year Growth (%)

 

November 2009 October 2009
(revised)

Petroleum Products

-18.2

-25.5

 

Beverages

-20.5

-23.7

 

Footwear and Wearing Apparel

-24.5

-21.7

 

Chemical Products

-7.3

-12.0

 

Textiles

-13.8

-30.4

 

Fabricated Metal Products

-14.3

-12.8

 

Leather Products

-35.3

-29.9

 

 

TABLE 2-B. VOLUME OF NET SALES INDEX, October 2009 - November 2009
(concluded)
(2000=100)
 

 

Gainers

Month-on-Month Growth (%)

 

November 2009

October 2009
(revised)

 

 

 

Machinery Except Electrical

21.6

-5.3

 

Food Manufacturing

8.4

3.6

 

Electrical Machinery

2.4

0.9

 

Beverages

6.9

-5.6

 

Tobacco Products

14.2

7.2

 

Publishing and Printing

2.5

0.2

 

Textiles

1.0

-1.2

 

Leather Products

5.1

5.3

 

 

 

 

Losers

Month-on-Month Growth (%)

November 2009

October 2009
(revised)

 

Petroleum Products

-9.5

9.6

Miscellaneous Manufactures

-7.1

8.0

Chemical Products

-0.8

4.4

Rubber and Plastic Products*

-5.6

2.3

Footwear and Wearing Apparel

-2.1

7.2

Transport Equipment

-1.4

5.5

Wood and Wood Products

-9.6

20.2

Basic Metals

-1.0

11.9

Fabricated Metal Products

-2.9

3.1

Non-Metallic Mineral Products

-1.4

6.8

Paper and Paper Products

-1.5

7.2

Furniture and Fixtures

-3.2

-11.7

 

Note:

*  -   new sector in the 2000-based series

Sectors are ranked according to their contribution to the overall 2000-based November 2009 growth rate.

Year-on-year growth rates are computed by dividing the current month volume of net sales by previous year same month volume of net sales less 1.

Month-on-month growth rates are computed by dividing the current month volume of net sales by previous month volume of net sales less 1.


Source:   National Statistics Office
                 Manila, Philippines

Attachment: 

Tags: