The Value of Production Index (VaPI) decreased at an annual rate of 5.4 percent in March 2019. During the same month of the previous year, VaPI went up at an annual rate of 10.5 percent. The decline of VaPI in March 2019 can be attributed to the decreases in the indices of three major industry groups led by food manufacturing (-20.3%). Refer to Tables1-A and 1.

The Value of Production Index (VaPI) for manufacturing decreased at an annual rate of 0.7 percent in January 2019. During the same month of the previous year, the annual growth rate of VaPI was higher at 10.9 percent. The decrease in VaPI was brought about by the 11 industry groups led by basic metals with two-digit drop of 13.5 percent. Refer to Tables1-A and 1.

The Value of Production Index (VaPI) for manufacturing reflected an annual growth of 2.1 percent in November 2018. In comparison with the figure in the same month of 2017, VaPI reported a two-digit decline of 10.6 percent.