PREVIOUS RELEASE

Monthly Integrated Survey of Selected Industries : June 2014

Release Date:
August 12, 2014

 

 
Table A   Year-on-Year Growth Rates for Production Index, Net Sales Index
and Producer Price Index: June 2014 and June 2013
 

TOTAL MANUFACTURING

JUNE
2014
JUNE
2013

YEAR-ON-YEAR GROWTH

 

 

     Production Index (2000=100)

 

 

       Value       (VaPI)

          10.1

            0.8

       Volume    (VoPI)

          13.3

            8.9

         Net Sales Index (2000=100)

 

 

       Value        (VaNSI)

            7.9

          12.0

       Volume     (VoNSI)

            11.1

          21.0

     Producer Price Index (2000=100)

            -2.9r

          -7.4

r - revised
 
  •    Value of Production Index posts increments in June 2014

Value of Production Index (VaPI) for manufacturing rose to 10.1 percent   in June 2014 compared to 0.8 percent in June 2013. The increase was pushed by the three-digit expansion of printing (153.8%) and the two-digit growth of eight sectors. These were the following: leather products (44.4%), fabricated metal products (35.2%), food manufacturing (18.6%), textiles (18.0%), transport equipment (17.9%), basic metals (17.9%), machinery except electrical (15.4%) and beverages (13.8%)  Refer to Tables 1-A and 1.

 

  •    Volume of Production Index expands in June 2014

Volume of Production Index (VoPI), likewise recorded a year-on-year growth of 13.3 percent in June 2014 compared with 8.9 percent during the same month last year. Significant expansion in factory output were observed in ten sectors led by printing with an increase of 153.8 percent. Other sectors with two-digit annual rates were: leather products (40.5%), fabricated metal products (39.8%), machinery except electrical (26.7%), furniture and fixtures (26.7%), basic metals (24.4%), transport equipment (19.8%), textiles (15.4%) and food manufacturing (13.1%) Refer to Tables 1-B and 2.

 

 

  •    Value of Net Sales Index gains slowly in June 2014

Value of Net Sales Index (VaNSI), continued to increase, slowing down to 7.9 percent in June 2014 compared with 12.0 percent in June 2013.  This was primarily brought about by the 147.2 percent growth registered by printing followed by six other sectors which also posted double-digit increases namely: fabricated metal products (47.9%), textiles (39.9%), transport equipment (29.6%), petroleum products (26.4%), basic metals (24.0%) and leather products (20.2%). Refer to Tables 2-A and 3.

 

  •    Volume of Net Sales Index also rises in June 2014

Volume of Net Sales Index (VoNSI) was not able to outpace its year ago figure reflecting a growth of 11.1 percent in June 2014 from 21.0 percent in June 2013. Sectors largely contributing to the improved sales performance were: printing (147.2%), fabricated metal products (52.9%), textiles (36.8%), furniture and fixtures (34.3%), transport equipment (31.6%), basic metals (30.9%), petroleum products (24.1%), leather products (17.0%) and machinery except electrical (15.0%). Refer to Tables 2-B and 4.

 

  •    Capacity Utilization in June 2014 is 83.4 percent

Average capacity utilization in June 2014 for total manufacturing stood at 83.4 percent. More than 50 percent or eleven of the 20 major industries operated at 80 percent and above capacity utilization rates. These are:

  • petroleum products (88.9%)
  • basic metals (88.4%)
  • non-metallic mineral products (86.2%)
  • machinery except electrical (84.6%)
  • food manufacturing (84.5 %)
  • electrical machinery (84.5%)
  • chemical products (83.9%)
  • paper and paper products (82.8%)
  • rubber and plastic products (82.4%)
  • publishing and printing (81.9%)
  • wood and wood products (81.4%)

The proportion of establishments that operated at full capacity (90% to 100%) was 23.3 percent in June 2014. About 57.9 percent of the establishments operated at 70% to 89% capacity while 18.8 percent of the establishments operated below 70% capacity. Refer to Table 6 and B.

Table B  Distribution of Key Manufacturing Establishments by Capacity Utilization for Total Manufacturing: June 2014

Capacity Utilization

Percent Share

Below 50%

4.0

50% - 59%

5.1

60% - 69%

9.7

70% - 79%

21.9

80% - 89%

36.0

90% - 100%

23.3

 

  •    Response Rate

The response rates for the June 2014 MISSI and PPS are 86.5 percent and 94.1 percent, respectively.  Refer to Tables 7 and 8.

Table C  Response Rates For Total Manufacturing
(In percent)

 

June 2014

May 2014
(Revised)

MISSI

86.5

95.2r

PPS

94.1

96.9r

Data of non-responding samples were 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.) LISA GRACE S. BERSALES, Ph.D.
National Statistician

 

 

 
TABLE 1-A Value of Production Index, May 2014– June 2014
(2000 =100)

 

Gainers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Food manufacturing

18.6

15.3

Printing

153.8

226.6

Machinery except electrical

15.4

4.5

Petroleum products

9.7

25.8

Basic metals

17.9

11.0

Transport equipment

17.9

-0.9

Beverages

13.8

26.5

Electrical machinery

3.3

10.7

Fabricated metal products

35.2

37.4

Textiles

18.0

21.2

Leather products

44.4

1.2

Wood and wood products

9.8

26.1

Chemical products

0.4

-4.2

 

Losers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Non-metallic mineral products

-19.4

-14.0

Footwear and wearing apparel

-14.1

-9.6

Miscellaneous manufactures

-10.0

3.2

Rubber and plastic products

-4.7

4.3

Furniture and fixtures

-16.2

-23.3

Tobacco products

-4.6

3.0

Paper and paper products

-3.3

-1.6

 
Notes:
Major Industries are ranked according to their contribution to the overall 2000-based June 2014 growth rate.
Year-on-year growth rates are computed by dividing the current month index by previous
year same month index less 1.

 

 
TABLE 1-B  Volume of Production Index, May 2014– June 2014
(2000 = 100)

 

Gainers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Machinery except electrical

26.7

10.5

Food manufacturing

13.1

10.7

Printing

153.8

226.6

Basic metals

24.4

16.4

Transport equipment

19.8

-2.2

Petroleum products

7.7

18.9

Electrical machinery

4.3

13.1

Beverages

12.8

25.4

Fabricated metal products

39.8

47.2

Textiles

15.4

18.1

Furniture and fixtures

26.7

-6.4

Chemical products

2.2

-3.4

Leather products

40.5

-1.6

Wood and wood products

6.8

20.4

 

Losers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Non-metallic mineral products

-21.2

-16.2

Footwear and wearing apparel

-14.2

-8.7

Tobacco products

-9.7

-2.5

Rubber and plastic products

-6.6

1.9

Miscellaneous manufactures

-6.3

9.6

Paper and paper products

-3.6

-5.5

 
Notes:
Major Industries are ranked according to their contribution to the overall 2000-based June 2014 growth rate.
Year-on-year growth rates are computed by dividing the current month index by previous
year same month index less 1.

 

 

TABLE 2-A  Value of Net Sales Index, May 2014– June 2014
(2000 =100)

 

Gainers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Petroleum products

26.4

25.5

Printing

147.2

154.1

Transport equipment

29.6

-1.5

Basic metals

24.0

2.6

Electrical machinery

5.5

5.5

Food manufacturing

5.2

5.7

Textiles

39.9

30.2

Fabricated metal products

47.9

48.3

Machinery except electrical

4.8

10.9

Paper and paper products

5.6

5.4

Rubber and plastic products

8.6

12.6

Non-metallic mineral products

2.6

9.8

Wood and wood products

9.6

25.2

Leather products

20.2

14.9

 

Losers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Chemical products

-7.1

-3.3

Footwear and wearing apparel

-19.8

-20.6

Miscellaneous manufactures

-12.8

-5.0

Beverages

-3.6

-1.1

Furniture and fixtures

-11.2

-15.9

Tobacco products

-1.7

-22.8

 
Notes:
Major Industries are ranked according to their contribution to the overall 2000-based June  2014 growth rate.
Year-on-year growth rates are computed by dividing the current month index by previous
year same month index less 1.

 

 
TABLE 2-B  Volume of Net Sales Index, May 2014– June 2014
(2000 = 100)

 

Gainers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Petroleum products

24.1

18.6

Printing

147.2

154.1

Machinery except electrical

15.0

17.2

Transport equipment

31.6

-2.8

Basic metals

30.9

7.6

Electrical machinery

6.5

7.8

Fabricated metal products

52.9

58.9

Textiles

36.8

26.9

Furniture and fixtures

34.3

2.7

Paper and paper products

5.3

1.2

Rubber and plastic products

6.4

10.0

Food manufacturing

0.3

1.5

Leather products

17.0

11.7

Wood and wood products

6.6

19.6

Non-metallic mineral products

0.3

7.0

 

Losers

Year-on-Year Growth (%)

June 2014
May 2014
(revised)

Footwear and wearing apparel

-19.9

-19.7

Chemical products

-5.4

-2.5

Beverages

-4.4

-2.0

Miscellaneous manufactures

-9.2

1.0

Tobacco products

-7.1

-27.0

 

Notes:
Major Industries are ranked according to their contribution to the overall 2000-based June  2014 growth rate.
Year-on-year growth rates are computed by dividing the current month index by previous
year same month index 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