liminary results of the Monthly Integrated Survey of Selected Industries (MISSI). The contraction was attributed to the decreases reported by 13 major sectors, with two-digit decreases exhibited by the following: petroleum products, furniture and fixtures, leather products, beverages, basic metals, electrical machinery, footwear and wearing apparel, paper and paper products,and wood and wood products.

Value of Production Index (VaPI) for total manufacturing recorded an average annual growth of 6.7 percent in July 2011, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This was accounted for by 13 major sectors with two-digit increment in production values exhibited by the following: furniture and fixtures, publishing and printing, petroleum products, paper and paper products, rubber and plastic products, beverages, chemical products and basic metals. Refer to Tables 1-A and 1.

Manufacturing Output Up But Slower

Manufacturing continued to increase in August 2000 as indicated by the value and volume of production increasing by 18.7 percent and 9.3 percent, respectively according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). However, these were slower compared to the year-on-year growth rates posted in July 2000 and August 1999.