PREVIOUS RELEASE

Monthly Integrated Survey of Selected Industries : June 2018

Release Date:
August 7, 2018

 

Table A   Year-on-Year Growth Rates for Production Index, Net Sales Index

and Producer Price Index: June 2018 and June 2017

TOTAL MANUFACTURING

JUNE
2018
JUNE
2017

Production Index (2000=100)

 

 

       Value       (VaPI)

18.9

-2.1

       Volume    (VoPI)

18.0

-0.1

Net Sales Index (2000=100)

 

 

       Value        (VaNSI)

10.9

-1.0

       Volume     (VoNSI)

9.7

1.0

 Producer Price Index (2000=100)

1.1r

-2.0

r - revised

  • Value of Production Index shows substancial growth in June 2018

The Value of Production Index (VaPI) for manufacturing stepped up as it posted an annual growth of 18.9 percent from a negative growth rate of 2.1 percent in the same month of the previous year, based on the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Of the 13 major sectors that exhibited increases in VaPI, printing was the highest with a three-digit growth of 104.5 percent. This was followed by eight sectors which registered a two-digit growth. These were petroleum products (89.9%), textiles (37.5%), miscellaneous manufactures (26.1%), beverages (24.5%), machinery except electrical (21.8%), electrical machinery (18.5%), food manufacturing (14.2%) and paper and paper products (11.0%).  Refer to Tables1-A and 1.

  • Volume of Production Index likewise picks-up

The Volume of Production Index (VoPI) climbed to 18.0 percent in June 2018 as compared to a minimal drop of 0.1 percent in the same month last year.The increase was brought about by the expansion in VoPI for the 14 major sectors led by printing with a three-digit increase of 116.3 percent. Other eight sectors with significant increasesin VoPI were petroleum products (60.7%), textiles (36.7%), miscellaneous manufactures (21.0%), rubber and plastic products (20.7%), machinery except electrical (20.3%), electrical machinery (17.1%), food manufacturing (14.7%) and beverages (10.1%). Refer to Tables 1-B and 2.

 

 

 

  • Value of Net Sales Index keeps its two-digit growth

The Value of Net Sales Index (VaNSI) sustained a two-digit growth rate of 10.9 percent in June 2018. Of the 13 major sectors that exhibited increases in VaNSI, 10 sectors registered two-digit growth, namely, tobacco products (68.1%), petroleum products (31.4%), basic metals (29.8%), miscellaneous manufactures (22.5%), furniture and fixtures (21.0), machinery except electrical (19.7%), paper and paper products (15.7%), electrical machinery (13.2%), food manufacturing (12.5%),and rubber and plastic products (10.9%). Refer toTables 2-A and 3.

  • Volume of Net Sales Index further gains

The Volume of Net Sales Index (VoNSI) continued to grow exhibiting an increment of 9.7 percent in June 2018. Among the 13 major sectors reporting increments in VoNSI, 10 major sectors significantly contributed to the increases. These were rubber and plastic products (31.5%), basic metals (22.3%), paper and paper products (15.4%), food manufacturing (15.0%), machinery except electrical (14.4%), furniture and fixtures (12.6%), tobacco products (12.4%), miscellaneous manufactures (10.5%), electrical machinery (10.4%) and petroleum products (10.0%). Refer to Tables 2-B and 4.

 

 

Average Capacity Utilization Rate in June 2018 is 84.3 percent with petroleum products posting the highest among industries

Average capacity utilization rate in June 2018 for total manufacturing was recorded at  84.3 percent. Sixty percent or 12 of the 20 major industries operated at 80 percent and above capacity utilization rates. These are:

  • petroleum products (89.7%)
  • basic metals (89.0%)
  • non-metallic mineral products (86.7%)
  • machinery except electrical (86.2%)
  • food manufacturing (85.3%)
  • electrical machinery (85.0%)
  • chemical products (84.9%)
  • paper and paper products (83.6%)
  • rubber and plastic products (83.3%)
  • printing (81.8%)
  • wood and wood products (81.4%)
  • textiles (80.4%)

The proportion of establishments that operated at full capacity (90% to 100%) was recorded at more than one-fourth of the total number of establishments (26.5%) in June 2018. About 55.0 percent of the total establishments operated at 70 percent to 89 percent capacity while almost one-fifth of the total establishments (18.5%) operated below 70 percent capacity. Refer to Table B and 6.

 

Table B  Distribution of Key Manufacturing Establishments by Capacity Utilization

for Total Manufacturing: June 2018

Capacity Utilization

Percent Share

Below 50%

4.1

50% - 59%

4.1

60% - 69%

10.3

70% - 79%

 21.5

80% - 89%

 33.5

 90% - 100%

 26.5

 

Response Rate

The response rates for the June 2018 MISSI and PPS were registered at 82.5 percent and 89.5 percent, respectively.  Refer to Tables 7 and 8.

 

Table C  Response Rates for Total Manufacturing

(In percent)

 

June 2018

May 2018
(Revised)

MISSI

82.5

90.4r

PPS

89.5r

93.2r

r - revised

Data of non-responding samples were estimated using short-term geometric mean of the relative values of responding samples within the industry class. Revisions to the preliminary estimates are done upon receipt of actual reports of late respondents.

 

 

 

 

LISA GRACE S. BERSALES, Ph. D.

Undersecretary

National Statistician and Civil Registrar General

 


 

TABLE 1-A Value of Production Index, May 2018 and June 2018

(2000 =100)

 

Industry Group

Year-on-Year Growth (%)

June 2018
May 2018
(revised)

Gainers

 

 

Petroleum products

89.9

56.6

Electrical machinery

18.5

21.4

Food manufacturing

14.2

32.2

Machinery except electrical

21.8

12.8

Printing

104.5

105.3

Beverages

24.5

27.5

Textiles

37.5

25.0

Miscellaneous manufactures

26.1

20.6

Basic metals

8.8

1.9

Paper and paper products

11.0

13.1

Rubber and plastic products

4.4

0.2

Non-metallic mineral products

3.3

5.7

Leather products

6.5

5.9

Losers

 

 

Tobacco products

-29.2

-32.0

Transport equipment

-7.4

-6.5

Chemical products

-2.0

11.0

Wood and wood products

-16.9

-6.8

Footwear and wearing apparel

-2.8

-7.3

Fabricated metal products

-1.2

-8.0

Furniture and fixtures

-0.3

8.7

 
 
Notes:    Major Industries are ranked according to their contribution to the overall 2000-based June 2018 growth rate.
   Year-on-year growth rates are computed by dividing the current month index by the previous year’s same month index, less 1.
 
 
 

TABLE 1-B  Volume of Production Index, May 2018 and June 2018

(2000 = 100)

 

Industry Group

Year-on-Year Growth (%)

June 2018
May 2018

(revised)

Gainers

 

 

Petroleum products

60.7

33.2

Electrical machinery

17.1

19.1

Food manufacturing

14.7

32.7

Machinery except electrical

20.3

10.7

Printing

116.3

117.1

Textiles

36.7

24.1

Rubber and plastic products

20.7

15.8

Beverages

10.1

11.5

Miscellaneous manufactures

21.0

13.7

Paper and paper products

9.2

9.7

Fabricated metal products

9.2

4.3

Basic metals

2.1

-4.8

Non-metallic mineral products

1.5

3.9

Leather products

5.9

2.9

Losers

 

 

Tobacco products

-52.8

-54.8

Transport equipment

-9.3

-8.7

Chemical products

-1.4

12.6

Wood and wood products

-14.6

-3.1

Footwear and wearing apparel

-2.2

-5.5

Furniture and fixtures

-2.8

7.4

 

Notes:    Major Industries are ranked according to their contribution to the overall 2000-based June 2018 growth rate.
   Year-on-year growth rates are computed by dividing the current month index by the previous year’s same month index, less 1.
 
 
 
 
TABLE 2-A  Value of Net Sales Index, May 2018 and June 2018

(2000 =100)

 
 

Industry Group

Year-on-Year Growth (%)

June 2018
May 2018
(revised)

Gainers

 

 

Petroleum products

31.4

8.5

Electrical machinery

13.2

11.4

Food manufacturing

12.5

18.7

Machinery except electrical

19.7

3.6

Tobacco products

68.1

44.4

Basic metals

29.8

34.4

Miscellaneous manufactures

22.5

15.8

Beverages

8.9

20.7

Paper and paper products

15.7

16.1

Furniture and fixtures

21.0

18.6

Rubber and plastic products

10.9

7.7

Non-metallic mineral products

3.7

8.3

Leather products

0.1

2.6

Losers

 

 

Chemical products

-8.4

6.2

Textiles

-26.0

-19.5

Footwear and wearing apparel

-3.3

13.0

Wood and wood products

-17.9

-9.6

Transport equipment

-1.6

1.1

Fabricated metal products

-1.9

-7.6

Printing

-0.1

-3.8

 
 
Notes:    Major Industries are ranked according to their contribution to the overall 2000-based June 2018 growth rate.
   Year-on-year growth rates are computed by dividing the current month index by the same month index of the previous year, less 1.

 

 

TABLE 2-B  Volume of Net Sales Index, May 2018 and June 2018

(2000 = 100)

 
 

Industry Group

Year-on-Year Growth (%)

June 2018
May 2018
 (revised)

Gainers

 

 

Food manufacturing

15.0

21.8

Electrical machinery

10.4

8.5

Machinery except electrical

14.4

-0.8

Petroleum products

10.0

-8.5

Basic metals

22.3

26.0

Rubber and plastic products

31.5

27.5

Paper and paper products

15.4

15.4

Tobacco products

12.4

-3.4

Miscellaneous manufactures

10.5

3.8

Fabricated metal products

8.6

5.0

Furniture and fixtures

12.6

13.2

Printing

5.7

1.7

Non-metallic mineral products

0.7

5.3

Losers

 

 

Chemical products

-6.8

9.0

Textiles

-26.3

-19.8

Beverages

-5.2

4.0

Wood and wood products

-17.1

-6.5

Footwear and wearing apparel

-2.0

15.8

Transport equipment

-0.6

1.0

Leather products

-1.3

0.1

 
 
Notes:    Major Industries are ranked according to their contribution to the overall 2000-based June 2018 growth rate.
   Year-on-year growth rates are computed by dividing the current month index by the same month index of the previous year, less 1.

 

 
  Manufacturing (MISSI)

Browse by Year

Contact Us

Technical Inquiries:

Industry Statistics Division
Economic Sector Statistics Service
j.pevidal@psa.gov.ph +632 8376 2060/1835

Publication Inquiries:

Knowledge Management and Communications Division;
Information Technology and Dissemination Service
info@psa.gov.ph +632 8462 6600 loc. 834