Monthly Integrated Survey of Selected Industries : April 1999
Production and sales for total manufacturing in April 1999 inched up compared to a year ago according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI).
The growth of volume of production increased to 1.9 percent in April from 0.9 percent in March. That of the volume of net sales also increased to 1.4 percent from a decline of 4.9.
Manufactures of food, electrical machinery, and basic metals turned in a positive performance in both production and sales.
However, wearing apparel, wood and wood products, furniture & fixtures, paper and paper products, petroleum products and non-metallic mineral products posted decreases in both.
Value of Production
In April 1999, the value of production index (VaPI) of 452.6 increased by 4.5 percent compared with 433.0 in April 1998. Year-on-year increases were observed in 9 out of 16 major sectors (See Annex 1A). Among the major sectors, textiles posted the highest year-on-year VaPI growth of 55.2 percent attributed to the expected demand for uniforms in anticipation of school opening. Other sectors that posted increases were transport equipment (23.8%), electrical machinery (7.6%), food manufacturing (4.0%), basic metals (8.4%), beverage (19.1%), rubber products (21.3%), miscellaneous manufactures (9.4%) and tobacco (3.7%).
On the other hand, wearing apparel continued to decline since January 1999. It posted the biggest decline of 26.3 percent due to closure and shutdown of sample establishments. Other sectors that posted double-digit decreases were wood & wood products (-34.0%), paper & paper products (-24.7%), non-metallic mineral products (-24.3%) and chemicals (-6.2%).
Volume of Production
The volume of production index (VoPI) increased by 1.8 percent from 129.3 last year to 131.7. Nine out of 16 sectors posted year-on-year increases led by textile, which increased by 49.9 percent (See Annex 1B). Other sectors which largely contributed to the growth of the overall VoPI were basic metals (28.3%), transport equipment (14.3%), electrical machinery (5.6%), food manufacturing (1.0%), beverage (3.5%), rubber products (3.1%), other manufacturing industries (8.6%) and tobacco (5.8%).
Value of Net Sales
The value of net sales for April 1999 increased by 2.1 percent compared to last year. Seven out of 16 sectors showed increases led by food manufacturing, which grew by 16.6 percent (See Annex 2A). Other sectors that recorded gains were chemicals (24.9%), rubber products (67.6%), electrical machinery (9.2%), basic metals (4.5%), textiles (3.0%) and transport equipment (1.2%).
On the other hand, petroleum products posted the biggest decline of 12.0 percent. Other sectors that posted double-digit decreases were non-metallic mineral products (-32.6%), wood & wood products (-23.6%), paper & paper products (-18.2%), wearing apparel (-10.8%) and miscellaneous manufactures (-17.4%).
Volume of Net Sales
The volume of net sales for April 1999 posted an increase of 1.4 percent over last year. Increases were noted in five sectors led by food manufacturing, which grew by 13.3 percent (See Annex 2B). This was followed by chemicals (17.7%), basic metals (21.1%), electrical machinery (7.2%) and rubber products (42.4%).
Capacity Utilization
Responding establishments operating below 70% capacity were 42.1 percent in April 1999 compared to 38.1 percent a year ago. About 14.7 percent operated at full capacity (90%-100%) compared to 16.6 percent in April 1998.
The following sectors that had decreased use of existing capacity in April 1999 were beverage, wood & wood products, chemicals, non-metallic mineral products, basic metals and transport equipment. On the other hand, furniture and fixtures, rubber products, electrical machinery and miscellaneous manufactures showed indications of increasing capacity utilization. Capacity utilization is defined as the ratio of output to the maximum rated capacity of the plant.
Response Rate
These results were based on the response of 383 sample establishments, which comprised 69.3 percent of the total number of establishments covered by the survey.
ANNEX 1-A | ||
VALUE OF PRODUCTION INDEX (APRIL 1999) |
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YEAR-ON-YEAR | GROWTH (%) | |
April | Marchr | |
GAINERS Textile Transport Equipment Electrical Machinery Food Manufacturing Basic Metals Beverage Rubber Products Miscellaneous Manufactures Tobacco |
55.2 23.8 7.6 4.0 8.4 19.1 21.3 9.4 3.7 |
15.4 8.2 8.7 16.9 -26.5 49.9 26.6 43.1 7.1 |
LOSERS Wearing Apparel Wood & Wood Products Paper & Paper Products Non-Metallic Mineral Products Chemicals Petroleum Products Furniture & Fixtures |
-26.3 -34.0 -24.7 -24.3 -6.2 -1.4 -10.4 |
-13.9 -23.0 -7.9 -28.3 -5.7 -10.6 -5.8 |
MONTH-ON-MONTH |
||
GAINERS Petroleum Products |
2.3 |
-0.4 |
LOSERS Food manufacturing Wearing Apparel Transport Equipment Paper & Paper Products Wood & Wood Products Chemicals Basic Metals Electrical Machinery Non-Metallic Mineral Beverage Rubber Products Miscellaneous Manufactures Furniture & Fixtures Textile Tobacco |
-17.2 -19.2 -24.5 -25.2 -24.9 -8.0 -8.5 -4.0 -11.6 -11.0 -11.3 -24.2 -12.0 -1.3 -9.4 |
-3.6 10.2 12.4 7.9 25.3 -3.5 0.7 11.7 3.7 27.6 12.0 8.7 -0.2 -5.5 16.9 |
r - revised due to updating of data from late responding establishments. Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate. |
ANNEX 1-B | ||
VOLUME OF PRODUCTION INDEX (APRIL 1999) |
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YEAR-ON-YEAR | GROWTH (%) | |
April | Marchr | |
GAINERS Textile Basic Metals Transport Equipment Electrical Machinery Food Manufacturing Beverage Rubber Products Other Manufacturing Industries Tobacco |
49.9 28.3 14.3 5.6 1.0 3.5 3.1 8.6 5.8 |
11.6 -9.9 -3.3 4.6 12.8 28.7 6.8 43.0 8.5 |
LOSERS Wearing Apparel Wood & Wood Products Paper & Paper Products Petroleum Refineries Chemicals Non-Metallic Mineral Products Furniture & Fixtures |
-20.0 -32.9 -29.0 -5.7 -11.6 -21.4 -30.1 |
-13.7 -21.8 -17.8 -9.6 -11.5 -25.4 -7.8 |
MONTH-ON-MONTH |
||
LOSERS Food Manufacturing Transport Equipment Paper & Paper Products Wood & Wood Products Basic Metals Chemicals Wearing Apparel Petroleum Refineries Electrical Machinery Non-Metallic Mineral Products Beverage Rubber Products Furniture & Fixtures Other Manufacturing Textile Tobacco |
-17.1 -24.7 -24.3 -24.9 -12.5 -8.0 -8.4 -2.5 -4.0 -8.2 -11.1 -11.4 -29.8 -25.6 -1.5 -9.4 |
-3.5 13.1 6.8 25.3 -1.4 -4.0 10.5 0.2 11.9 -4.1 27.6 9.5 -0.2 11.4 -5.5 16.9 |
r - revised due to updating of data from late responding establishments. Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate. |
ANNEX 2-A | ||
NET SALES VALUE (APRIL 1999) |
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YEAR-ON-YEAR | GROWTH (%) | |
April | Marchr | |
GAINERS Food Manufacturing Chemicals Rubber Products Electrical Machinery Basic Metals Textile Transport Equipment |
16.6 24.9 67.6 9.2 4.5 3.0 1.2 |
-25.9 4.4 35.9 63.9 -6.8 -4.1 37.1 |
LOSERS Petroleum Products Non-Metallic Mineral Products Wood & Wood Products Paper & Paper Products Wearing Apparel Beverages Miscellaneous Manufactures Furniture & Fixtures Tobacco |
-12.0 -32.6 -23.6 -18.2 -10.8 -8.4 -17.4 -4.4 -2.5 |
-17.8 -21.4 27.2 -18.4 -5.2 -51.2 89.1 -12.1 -2.0 |
MONTH-ON-MONTH |
||
GAINERS Chemicals Basic Metals Rubber Products Tobacco |
20.7 1.1 4.0 3.5 |
18.9 -7.0 0.6 18.8 |
LOSERS Electrical Machinery Food Manufacturing Petroleum Products Wearing Apparel Transport Equipment Wood & Wood Products Non-Metallic Mineral Products Paper & Paper Products Textile Furniture & Fixtures Beverages Miscellaneous Manufactures |
-16.4 -6.5 -6.3 -17.3 -21.9 -20.4 -14.8 -11.2 -6.8 -10.6 -2.4 -4.6 |
13.3 2.3 9.8 -6.7 10.5 31.5 14.8 24.3 6.4 3.1 -3.0 -44.0 |
Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate. |
ANNEX 2-B | ||
NET SALES VOLUME (APRIL 1999) |
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YEAR-ON-YEAR | GROWTH (%) | |
April | March | |
GAINERS Food Manufacturing Chemicals Basic Metals Electrical Machinery Rubber Products |
13.3 17.7 21.1 7.2 42.4 |
-27.3 -1.5 8.4 57.8 14.6 |
LOSERS Non-Metallic Mineral Products Petroleum Products Paper & Paper Products Wood & Wood Products Beverages Transport Equipment Wearing Apparel Furniture & Fixtures Miscellaneous Manufactures Textile Tobacco |
-41.9 -7.2 -22.9 -22.4 -20.4 -6.6 -3.3 -24.6 -18.0 -0.5 -0.5 |
-31.8 -21.9 -24.0 29.3 -58.1 20.9 -5.0 -24.6 77.7 -7.3 -0.7 |
MONTH-ON-MONTH |
||
GAINERS Chemicals Petroleum Products Basic Metals Rubber Products Tobacco |
20.6 3.5 0.9 3.8 3.5 |
18.7 -16.5 -7.2 -1.8 18.8 |
LOSERS Electrical Machinery Food Manufacturing Transport Equipment Wood & Wood Products Non-Metallic Mineral Products Paper & Paper Products Wearing Apparel Textile Beverages Furniture & Fixtures Miscellaneous Manufactures |
-16.5 -6.4 -22.1 -20.4 -15.1 -10.2 -6.2 -7.1 -2.4 -7.5 -6.3 |
13.6 4.1 10.5 31.5 14.4 22.8 -6.5 6.3 -3.0 -7.5 -43.0 |
Note: Sectors are ranked according to their contribution to the overall April 1999 growth rate. |
Distribution of Key Enterprise by Capacity Utilization (In percent) |
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Capacity Utilization |
1998 | 1999 | |||||||||||
APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | JAN | FEB | MAR | APR | |
|
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Below 50 % 50 - 59 % 60 - 69 % 70 - 79 % 80 - 89 % 90 - 100 % |
11.9 12.3 13.9 23.1 22.1 16.6 |
12.6 11.2 15.4 21.1 23.2 16.5 |
13.1 9.9 14.1 21.3 23.9 17.7 |
12.3 8.5 17.1 22.4 21.4 18.4 |
11.8 11.3 17.2 20.5 22.7 16.6 |
11.8 11.4 16.8 22.3 20.9 16.8 |
12.3 12.3 17.1 20.2 20.9 17.3 |
13.1 10.5 15.5 21.0 21.8 18.1 |
12.5 12.5 15.9 20.3 23.5 15.4 |
12.3 12.3 15.3 21.9 21.6 16.8 |
13.8 11.6 16.4 22.6 22.0 13.5 |
14.3 10.6 14.3 22.1 22.6 16.0 |
14.4 10.6 17.1 22.6 20.6 14.7 |
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Percentage Changes in Production and Net Sales of Key Enterprises: April 1998 - April 1999 |
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ITEM | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | JAN | FEB | MAR | APR |
Year-on-Year Change |
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Production Value Volume Net Sales Value Volume |
-5.6r -14.9r 0.7 -9.9 |
0.8r -9.9r 11.8 3.7 |
7.2r -5.0r 5.0 -10.4 |
-0.1r -11.6r 3.3 -5.4 |
-6.4r -15.7r -12.8 -23.3 |
-0.5r -9.9r -5.1 -16.0 |
-7.6r -15.7r -21.7 -15.0 |
-17.3r -24.1r -10.7 -16.1 |
-8.2r -13.6r -5.2 -6.0 |
-4.4r -5.6r -12.2 -19.0 |
-1.2r -1.6r -11.1 -13.8 |
3.5r 0.9r -1.7 -4.9 |
4.5 1.9 2.1 1.4 |
Month-on-Month Change |
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Production Value Volume Net Sales Value Volume |
-11.9r -12.4r -1.1 -3.7 |
5.0r 4.3r 6.5 10.7 |
8.2r 7.8r -2.4 -3.0 |
-2.2r -2.2r 4.1 4.9 |
-3.5r -3.3r -12.5 -11.3 |
5.6r 5.1r 4.1 2.5 |
-4.7r -5.0r 5.6 -1.1 |
-2.2r -2.8r 1.7 0.5 |
-6.0r -4.9r 1.9 1.5 |
3.9r 3.8r -2.7 -10.2 |
-7.5r -7.0r 31.3 33.9 |
6.0r 5.7r 8.0 2.9 |
-11.0 -11.6 -6.6 -3.9 |
r - revised due to updating of data from late responding establishments. |
Source: National Statistics Office
Manila, Philippines