PREVIOUS RELEASE

Monthly Integrated Survey of Selected Industries : September 2016

Release Date:
November 10, 2016

 

 

 
  Table A   Year-on-Year Growth Rates for Production Index, Net Sales Index
    and Producer Price Index :September 2016 and September 2015
 

TOTAL MANUFACTURING

SEPTEMBER
2016
SEPTEMBER
2015

        Production Index (2000=100)

 

 

       Value       (VaPI)

5.4

-5.4

       Volume    (VoPI)

9.9

3.0

         Net Sales Index (2000=100)

 

 

       Value        (VaNSI)

5.6

-9.7

       Volume     (VoNSI)

10.1

-1.6

        Producer Price Index (2000=100)

-3.7r

-7.9

                                                   r - revised

 

  • Value of Production Index accelerates in September 2016

Value of Production Index (VaPI) grew at 5.4 percent in September 2016 compared with the negative 5.4 percent during the same month of last year, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Among the 12 major sectors that reported increases in VaPI, seven major sectors significantly contributed to the growth, namely: basic metals (32.8%), rubber and plastic products (28.3%), transport equipment (21.3%), printing (14.7%), machinery except electrical (12.7%), wood and wood products (12.7%) and food manufacturing (10.7%). Refer to Tables 1-A and 1.

 

  • Volume of Production Index likewise expands

Volume of Production Index (VoPI) continued to grow as it reported an annual increase of 9.9 percent in September 2016. Major sectors that largely contributed to the expansion in VoPI were basic metals (41.0%), machinery except electrical (35.0%), rubber and plastic products (30.5%), transport equipment (22.3%), petroleum products (21.6%), printing (15.5%) and wood and wood products (14.8). Refer to Tables 1-B and 2.

 

 

  • Value of Net Sales Index also picks up

Value of Net Sales Index (VaNSI) went up by 5.6 percent, a reversal from the negative rate of 9.7 percent in September 2015. The increase in VaNSI was exhibited by fifty percent of the 20 major sectors, with eight significantly contributing to the growth, namely: wood and wood products (71.0%), transport equipment (30.6%), basic metals (26.3%), rubber and plastic products (15.1%), non-metallic mineral products (14.7%), machinery except electrical (14.6%), printing (14.5%) and beverages (10.0%). Refer to Tables 2-A and 3.

 

  • Volume of Net Sales Index sustains two-digit growth

Volume of Net Sales Index (VoNSI) maintained its two-digit growth of 10.1 percent in September 2016 compared with the negative 1.6 percent during the same month of last year. The increase in 13 major sectors, pulled up VoNSI. The eight major sectors that exhibited two-digit growth in VoNSI were wood and wood products (74.3%), machinery except electrical (37.3%), basic metals (34.1%), transport equipment (31.7%), rubber and plastic products (17.1%), printing (15.3%), non-metallic mineral products (12.4%), and petroleum products (11.2%). Refer to Tables   2-B and 4.

 

 

  • Average Capacity Utilization Rate in September 2016 is 83.6 percent with basic metals posting the highest among industries

Average capacity utilization rate in September 2016 for total manufacturing was recorded at 83.6 percent. Fifty-five percent or 11 of the 20 major industries operated at 80 percent and above capacity utilization rates. These were:

 

  • basic metals (88.5%)
  • petroleum products (88.4%)
  • non-metallic mineral products (86.5%)
  • machinery except electrical (85.4%)
  • food manufacturing (84.6%)
  • chemical products (84.5%)
  • electrical machinery (84.5%)
  • paper and paper products (83.2%)
  • rubber and plastic products (82.9%)
  • wood and wood products (81.1%)
  • printing (80.3%)

 

The proportion of establishments that operated at full capacity (90% to 100%) was 23.6 percent in September 2016. About 58.2 percent of the establishments operated at 70 percent to 89 percent capacity while 18.2 percent of the establishments operated below 70 percent capacity. Refer to Table B and 6.

 

Table B  Distribution of Key Manufacturing Establishments by Capacity Utilization for Total Manufacturing: September 2016

Capacity Utilization

Percent Share

Below 50%

   3.4

50% - 59%

   4.8

60% - 69%

   10.0

70% - 79%

 23.7

80% - 89%

 34.5

 90% - 100%

 23.6

 

  • Industry Coverage

The 2016 MISSI utilizes the 2009 PSIC to classify major industries and sub-industries. Twenty major industries of the 2009 PSIC were formed to comprise the industry coverage of the 2016 MISSI. These are presented in the table below.

 

2009 PSIC CODE

INDUSTRY DESCRIPTION

C10

Food manufacturing *

C11

Beverages

C12

Tobacco products

C13

Textiles*

C14, C152

Footwear and wearing apparel

C151

Leather products

C16

Wood and wood products*     

C17

Paper and paper products

C18

Printing

C19

Petroleum products*

C20,C21

Chemical products*

C22

Rubber and plastic products*     

C23

Non-metallic mineral products*

C24

Basic metals*          

C25,C3311

Fabricated metal products

C262,C275,C28,

C263,C268,C3312,C332

Machinery except electrical*

C261,C264,C27,

C29301,C3314,C332

Electrical machinery*

C29 except C29301,

C30,C3315

Transport equipment

C31

Furniture and fixtures

C265,C266,C267,C32, C3313,C3319

Miscellaneous manufactures

Note:  * - Major industries categorized  into sub-industries

 

  • Response Rate         

The response rates for the September 2016 MISSI and PPS are 76.0 and 81.8 percent, respectively.  Refer to Tables 7 and 8.

 

Table C  Response Rates for Total Manufacturing
(In percent)

 

September 2016

August 2016
(Revised)

MISSI

76.0

91.2r

PPS

81.8r

89.1r

 

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.

 

                     

 

                             (Sgd.)   LISA GRACE S. BERSALES, Ph.D.
                                          National Statistician and Civil Registrar General
                                                                                                                                    
 

 

 

 

 

 

TABLE 1-A Value of Production Index, August 2016 and September 2016

   (2000 =100)

 

Gainers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Food manufacturing

10.7

14.37

Basic metals

32.8

33.9

Machinery except electrical

12.7

18.7

Petroleum products

8.9

-6.8

Transport Equipment

21.3

30.1

Rubber and plastic products

28.3

40.3

Chemical products

8.8

7.3

Beverages

7.4

15.2

Printing

14.7

-0.1

Textiles

6.9

-9.4

Wood and wood products

12.7

8.8

Non-metallic mineralproducts

0.8

1.4

 

Losers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Electrical machinery

-10.7

-3.7

Fabricated metal products

-48.8

-17.8

Furniture and fixtures

-35.5

-18.3

Footwear and wearing apparel

-8.5

3.2

Tobacco products

-12.9

12.1

Leather products

-88.8 -86.8

Miscellaneous manufactures

-5.9

-8.2

Paper and paper products

-3.0

2.4

 

Notes:     Major Industries are ranked according to their contribution to the overall 2000-based September 2016 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, August 2016 and September 2016

(2000 = 100)

 

Gainers

Year-on-Year Growth (%)

September 2016
(revised)
August 2016
(revised)

Machinery except electrical          

35.0

45.0

Petroleum products

21.6

2.3

Basic metals

41.0

41.4

Food manufacturing

8.3

12.2

Transport equipment

22.3

31.4

Rubber and plastic products

30.5

44.2

Chemical products

9.9

9.5

Printing

15.5

0.7

Beverages

3.0

10.4

Textiles

6.7

-8.7

Wood and wood products

14.8

11.6

 

Losers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Electrical machinery

-9.6

-4.0

Fabricated metal products

-47.9

-16.3

Tobacco products

-13.0

11.9

Miscellaneous manufactures

-10.9

-11.2

Leather products

-87.5 -84.3

Furniture and Fixtures

-20.0 10.2

Footwear and wearing apparel

-5.0 8.9

Non-metallic mineral products

-1.3 0.1

Paper and paper products

-1.7

3.0

 
Notes:     Major Industries are ranked according to their contribution to the overall 2000-based September 2016 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, August 2016 and September 2016

(2000 =100)

 

Gainers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Machinery except electrical

14.6

24.6

Transport equipment

30.6

-8.1

Food manufacturing

7.8

11.6

Basic metals

26.3

36.7

Chemical products

6.2

8.0

Beverages

10.0

14.8

Non-metallic mineral products

14.7

0.1

Wood and wood products

71.0

28.6

Rubber and plastic products

15.1

24.7

Prinitng

14.5

-6.1

 

Losers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Electrical machinery

-4.4

0.3

Fabricated metal products

-45.3

-23.8

Footwear and wearing apparel

-19.5

-10.7

Tobacco products

-9.7

-5.1

Textiles

-8.0

-1.9

Furniture and fixtures

-17.1

-11.5

Miscellaneous manufactures

-3.8 -22.6

Paper and paper products

-3.9 8.3

Petroleum products

-0.4 0.9

Leather products

-9.5

6.6

 
Notes:     Major Industries are ranked according to their contribution to the overall 2000-based September 2016 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, August 2016 and September 2016

(2000 = 100)

Gainers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)

Machinery except electrical

37.3

52.2

Basic metals

34.1

44.4

Transport equipment

31.7

-7.2

Petroleum products

11.2

10.7

Food manufacturing

5.5

9.5

Chemical products

7.3

10.2

Wood and wood products

74.3

31.9

Non-metallic mineral products

12.4

-1.2

Beverages

5.5

10.0

Rubber and plastic products

17.1

28.2

Printing

15.3

-5.3

Furniture and fixtures

2.7

19.4

Leather products

1.1

27.2

 

Losers

Year-on-Year Growth (%)

September 2016
August 2016
(revised)
Fabricated metal products

-44.3

-22.5

Electrical machinery

-3.2

1/

Footwear and wearing apparel

-16.5

-5.8

Tobacco products

-9.8

-5.2

Miscellaneous manufactures

-8.9

-25.2

Textiles

-8.2

-1.2

Paper and paper products

-2.5

8.9

 
Notes:    1/ - Less than 0.1 percent increase
              Major Industries are ranked according to their contribution to the overall 2000-based September 2016 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