PREVIOUS RELEASE

Monthly Integrated Survey of Selected Industries : April 2013

Release Date:
June 11, 2013

 

 

Table A   Year-on-Year Growth Rates for Production Index, Net Sales Index and Producer Price Index: April 2013 and March 2013

TOTAL MANUFACTURING

      APRIL     
2013
MARCH
2013

YEAR-ON-YEAR GROWTH

 

 

        Production Index (2000=100)

 

 

       Value       (VaPI)

          0.9

          -9.3r

       Volume    (VoPI)

          10.3

          0.1r

         Net Sales Index (2000=100)

 

 

       Value      (VaNSI)

         7.6

          -3.0r

       Volume   (VoNSI)

          17.7

          7.1r

     Producer Price Index (2000=100)

          -8.6r

          -9.4r

                                     r - revised

 

  •    Value of Production picks up in April 2013

Value of Production Index (VaPI) for the manufacturing industry grew by 0.9 percent in April 2013 from a negative rate of 9.3 percent the previous month, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Four of the nine major sectors that mainly influenced the growth were: basic metals (65.6%), chemical products (64.8%), electrical machinery (11.6%) and machinery except electrical (10.1%). Refer to Tables 1-A and 1.

On a monthly comparison, however, VaPI fell by 0.7 percent in April 2013 compared with previous month’s 2.3 percent. The decreases in production values reported by six major sectors led by petroleum products (-47.1%) were sizeable to offset the increments of 14 sectors. Refer to Tables 1-A and 1.

 

  •    Volume of Production rises in April 2013

Volume of Production Index (VoPI) rebounded as it registered a two-digit year-on-year increase of 10.3 percent in April 2013. Five of nine major sectors exhibited two-digit growth in production output, with basic metals and chemical products contributing the largest growth of 94.5 percent and 77.6 percent, respectively. The other three major sectors that posted two-digit increases were  machinery except electrical (28.0%), food manufacturing (21.6%) and electrical machinery (21.1%). Refer to Tables 1-B and 2.

While on a month-on-month comparison, VoPI posted a decline of 1.0 percent in April 2013. This was attributed to seven major sectors which recorded decreases in volume of production, offsetting the increases reported by 13 major sectors. Refer to Tables 1-B and 2.

 

 

  •    Value of Net Sales rebounds in April 2013

Value of Net Sales Index (VaNSI) gained as it posted an annual increment of 7.6 percent in April 2013, from a negative rate since January 2013. Among the 13 major sectors reporting increases in VaNSI, five major sectors significantly contributed to the growth, namely: chemical products (79.7%), basic metals (70.2%), furniture and fixtures (63.9%), textiles (39.3%) and tobacco products (31.5%). Refer to Tables 2-A and 3.

On a month-on-month comparison, VaNSI also increased registering a 4.8 percent growth in April 2013. This was attributed to the two-digit increase reported by tobacco products (38.4%), basic metals (21.4%) and publishing and printing (17.3 %). Refer to Tables 2-A and 3.

 

  •    Volume of Net Sales registers a two-digit growth

On year-on-year comparison , Volume of Net Sales Index (VoNSI) grew at a faster rate registering 17.7 percent in April 2013. The expansion in sales output was exhibited by 15 major sectors led by  furniture and fixtures with 110.4 percent growth. Other major sectors that recorded two-digit increases were observed in the following: basic metals (99.9%), chemical products (93.6%), textiles (36.4%), tobacco products (34.3%), rubber and plastic products (18.0%) and electrical machinery (11.6%). Refer to Tables 2-B and 4.

VoPI on a month-on-month comparison, however, registered a slower growth of 4.5 percent in April 2013. This was accounted for by the growth in sales output  of 14 major sectors, with two-digit increases observed in the following: tobacco products (38.4%), basic metals (25.0%), publishing and printing (17.3%), non-metallic mineral products (11.3%) and fabricated metal products (10.0%). Refer  to  Tables 2-B and 4.

 

 

  •    Capacity Utilization in April 2013 is 82.9 percent

Average capacity utilization in April 2013 for total manufacturing was recorded at 82.9 percent. Fifty percent of the 20 major sectors registered capacity utilization rates of 80 percent or more.  These were:

  • basic metals (87.8%)
  • petroleum products (87.6%)
  • non-metallic mineral products (85.7%)
  • food manufacturing (84.8%)
  • electrical machinery (84.4%)
  • machinery except electrical (83.8%)
  • chemical products (82.2%)
  • rubber and plastic products (82.2%)
  • paper and paper products (81.6%)
  • wood and wood products (81.0%)

The proportion of establishments that operated at full capacity (90% to 100%) was 22.3 percent in April 2013.  About 54.9 percent of the establishments operated at 70% to 89% capacity while 22.8 percent of the establishments operated below 70% capacity. Refer to Table 6.

 

Table B  Distribution of Key Manufacturing Establishments by Capacity Utilization for Total Manufacturing: April 2013

Capacity Utilization

Percent Share

Below 50%

    6.5

50% - 59%

    5.4

60% - 69%

  10.9

70% - 79%

  18.3

80% - 89%

  36.6

 90% - 100%

  22.3

 

  •    Response Rate

The response rates for the April 2013 MISSI and PPS are 76.8 percent and 88.4 percent, respectively.  Refer to Tables 7 and 8.

 

Table C  Response Rates For Total Manufacturing

(In percent)

 

April 2013

March 2013
(Revised)

MISSI

76.8

86.6r

PPS

88.4r

93.8r

                                                 r - revised

Data of non-responding samples are estimated based on previous records and other administrative reports of these establishments.  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, March 2013– April 2013

   (2000 =100)

Gainers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Chemical products

64.8

26.8

Basic metals

65.6

4.5

Electrical machinery

11.6

-10.3

Food manufacturing

8.5

-4.5

Machinery except electrical

10.1

-0.4

Beverages

6.4

-11.3

Non-metallic mineral products

8.5

-0.5

Fabricated metal products

7.8

-9.0

Leather products

0.2

40.5

 

Losers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Petroleum products

-58.3

-37.6

Transport equipment

-46.2

-15.0

Tobacco products

-47.5

-59.0

Miscellaneous manufactures

-35.2

-44.2

Textiles

-31.2

-47.7

Furniture and fixtures

-26.2

-25.6

Paper and paper products

-10.0

-12.0

Publishing and printing

-15.4

-36.7

Rubber and plastic products

-6.0

-9.9

Footwear and wearing apparel

-3.1

0.7

Wood and wood products

-7.3

22.3

 

 

  TABLE 1-A  Value of Production Index, March 2013 – April 2013

(2000 = 100) (concluded)

Gainers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Chemical products

12.9

27.5

Basic metals

19.4

-16.6

Food manufacturing

3.0

0.3

Textiles

28.4

-6.3

Tobacco products

19.5

-3.8

Transport equipments

4.3

-6.2

Paper and paper products

8.2

5.2

Fabricated metal products

8.4

12.6

Beverages

2.3

-0.4

Publishing and printing

8.2

13.2

Miscellaneous manufactures

1.2

1.6

Furniture and fixtures

2.2

36.2

Non-metallic mineral products

0.5

7.9

Rubber and plastic products

0.4

2.0

 

Losers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Petroleum  products

-47.1

-13.3

Footwear and wearing apparel

-14.1

0.7

Electrical machinery

-0.7

10.3

Wood and wood products

-24.3

58.7

Machinery except electrical

-1.2

10.5

Leather products

-10.9

13.5

 

 

 

 

     Note:    Sectors are ranked according to their contribution to the overall 2000-based April 2013 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, March 2013– April 2013

(2000 = 100)

Gainers

Year-on-Year Growth (%)

April 2013

March 2013
(revised)

Chemical products

77.6

35.3

Basic metals

94.5

19.7

Electrical machinery

21.1

-2.4

Food manufacturing

21.6

8.4

Machinery except electrical

28.0

14.8

Non-metallic mineral products

7.7

-0.6

Rubber and plastic products

7.5

2.9

Fabricated metal products

8.9

-5.7

Beverages

0.6

-16.2

 

Losers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Petroleum products

-54.5

-29.7

Transport equipment

-43.3

-12.2

Tobacco products

-46.4

-58.1

Miscellaneous manufactures

-36.2

-44.0

Textiles

-32.6

-48.5

Publishing and printing

-26.9

-45.3

Footwear and wearing apparel

-8.6

-4.2

Paper and paper products

-5.5

-7.7

Wood and wood products

-8.0

21.4

Furniture and fixtures

-5.2

23.4

Leather products

-0.5

39.6

 

 

TABLE 1-B  Volume of Production Index, March 2013 – April 2013

(2000 = 100) (concluded)

Gainers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Basic metals

23.1

-16.1

Chemical products

12.6

25.7

Textiles

28.4

-5.5

Food manufacturing

2.6

0.7

Tobacco products

19.5

-3.8

Paper and paper products

8.3

6.0

Fabricated metal products

9.5

12.6

Beverages

2.3

-0.8

Transport equipment

2.2

-7.2

Publishing and printing

8.2

13.2

Non-metallic mineral products

2.2

6.9

Rubber and plastic products

0.4

1.7

Miscellaneous manufactures

0.4

-2.0

 

 

Losers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Petroleum products

-45.6

-9.2

Footwear and wearing apparel

-14.8

-0.4

Electrical machinery

-1.3

9.8

Machinery except electrical

-1.6

10.0

Wood and wood products

-24.4

59.5

Leather products

-10.9

13.5

Furniture and fixtures

-1.1

45.1

 

Note:         Sectors are ranked according to their contribution to the overall 2000-based April 2013 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, March 2013– April 2013

(2000 =100)

Gainers

Year-on-Year Growth (%)

April 2013

  March 2013
(revised)

Chemical products

79.7

48.6

Basic metals

70.2

7.7

Textiles

39.3

47.3

Tobacco products

31.5

-12.9

Electrical machinery

2.9

-11.0

Furniture and Fixtures

63.9

14.7

Footwear and wearing apparel

8.8

2.2

Non-metallic mineral products

7.5

-8.4

Beverages

3.6

-10.9

Miscellaneous manufactures

6.1

-3.3

Fabricated metal products

7.2

-19.6

Rubber and plastic products

3.1

-3.6

Leather products

5.6

-11.4

 

Losers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Transport equipment

-44.0

-9.3

Machinery except electrical

-15.2

-25.8

Publishing and printing

-78.0

-83.7

Food Manufacturing

-2.4

-12.2

Petroleum products

-2.7

-8.2

Wood and wood products

-22.3

-20.1

Paper and paper products

-0.9

-17.1

 

TABLE 2-A  Value of Net Sales Index, March 2013– April 2013

(2000 = 100) (concluded)

Gainers

Month-on-Month Growth (%)

April 2013

March 2013
(revised)

Food manufacturing

6.5

7.0

Basic metals

21.4

-15.5

Tobacco products

38.4

5.8

Chemical products

7.7

39.2

Non-metallic mineral products

9.5

2.0

Beverages

4.8

1.4

Publishing and printing

17.3

-13.3

Electrical machinery

1.1

9.4

Paper and paper products

9.0

-15.7

Fabricated metal products

8.9

8.6

Machinery except electrical

0.9

-0.9

Rubber and plastic products

6.3

0.7

Furniture and fixtures

5.7

15.5

 

Losers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Footwear and wearing apparel

-7.5

3.3

Transport equipment

-5.1

0.4

Petroleum products

-1.3

7.7

Miscellaneous manufactures

-1.9

7.2

Wood and wood products

-5.2

-2.3

Leather products

-8.1

6.7

Textiles

-0.2

1.0

 

   Note:     Sectors are ranked according to their contribution to the overall 2000-based April 2013 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-B  Volume of Net Sales Index, March 2013– April 2013

(2000 = 100)

Gainers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Chemical products

93.6

58.5

Basic metals

99.9

23.4

Electrical machinery

11.6

-3.1

Food manufacturing

9.4

-0.4

Furniture and fixtures

110.4

90.2

Tobacco products

34.3

-11..0

Petroleum products

6.2

3.5

Textiles

36.4

45.0

Rubber and plastic products

18.0

10.1

Non-metallic mineral products

6.7

-8.6

Fabricated metal products

8.3

-16.7

Miscellaneous manufactures

4.5

-3.0

Footwear and wearing apparel

2.6

-2.7

Paper and paper products

4.1

-13.0

Leather products

4.9

-11.9

 

Losers

Year-on-Year Growth (%)

April 2013
March 2013
(revised)

Transport equipment

-41.0

-6.4

Publishing and printing

-81.0

-85.9

Machinery except electrical

-1.4

-14.4

Wood and wood products

-22.9

-20.7

Beverages

-2.1

-15.8

 

 

TABLE 2-B  Volume of Net Sales Index, March 2013 – April 2013

(2000 = 100) (concluded)

April 2013

Month-on-Month Growth (%)

April 2013

March 2013
(revised)

Basic metals

25.0

-14.9

Food manufacturing

6.1

7.4

Tobacco products

38.4

5.8

Chemical products

7.4

37.2

Non-metallic mineral products

11.3

1.1

Beverages

4.8

1.1

Publishing and Printing

17.3

-13.3

Paper and paper products

9.2

-15.1

Petroleum products

1.5

12.8

Fabricated metal products

10.0

8.6

Electrical machinery

0.5

8.9

Rubber and plastic products

6.3

0.4

Machinery except electrical

0.5

-1.3

Furniture and fixtures

2.3

23.1

 

Losers

Month-on-Month Growth (%)

April 2013
March 2013
(revised)

Transport equipment

-7.0

-0.6

Footwear and wearing apparel

-8.3

2.2

Miscellaneous manufactures

-2.7

3.4

Wood and wood products

-5.2

-1.8

Leather products

-8.2

6.7

Textiles

-0.2

1.9

 

      Note:      Sectors are ranked according to their contribution to the overall 2000-based April 2013 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.

 

 

 

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