Value of Production Index (VaPI) exhibits growth
Value of Production Index (VaPI) of the manufacturing industry continued to pick up at 3.6 percent in October 2003 compared with year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Basic metals led all sectors with an increase of 216.2 percent, followed by textile and miscellaneous manufactures sectors (see Table 1-A).
VaPI, on a month-on-month comparison, bounced back with a 2.2 percent g