Manufacturing Output Continued to Improve

Manufacturing output continued to improve in June 2000 as it posted 20.9 percent and 14.3 percent increases in their value of production index (VaPI) and volume of production index (VoPI), respectively, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). However, these improvements still did not surpass the significant growths recorded in December 1999. The manufacturing industry appeared to be performing positively since the start of the year 2000.

Value of Production Index (VaPI) for total manufacturing increased at a slower rate of 16.0 percent in July 2010, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This was attributed by 16 major sectors that reported increases in production value, with two-digit growth observed in the following: leather products, transport equipment, furniture and fixtures, miscellaneous manufactures, petroleum products, non-metallic mineral products, beverages, basic metal, rubber and plastic products, electrical machinery, machinery except electrical, textiles and fabricated metal products. Refer to Tables 1-A and 1.

Value of Production registers two-digit growth in September 2008

Value of Production Index (VaPI) for the manufacturing industry climbed to 19.7 percent in September 2008 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This maybe attributed to the two-digit growth in the following sectors lead by petroleum products (94.0%), namely: fabricated metal products, beverages, food manufacturing, tobacco products, non-metallic mineral products, basic metals, and rubber and plastic products. Refer to Tables 1-A and 1.