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.

Value of Production retains its downward trend

On a year-on-year comparison, the Value of Production Index (VaPI) of the manufacturing industry remained to reflect a decelerating growth as it posted a stagnant 15.4 percent drop in September 2009, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). The major contributing factor was the contraction in growth of nine (9) major sectors of manufacturing industry, with two-digit

Value of Production maintains its two-digit growth in August 2008

Value of Production Index (VaPI) for the manufacturing industry continued to grow at a slower rate as it posted an increase of 12.7 percent in August 2008 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Fourteen (14) of the 20 major sectors posted increments in production values, with two-digit growth registered by the following: petroleum products, tobacco products, food manufacturing, basic metals, rubber and plastic products, chemical products (excluding plastic products), electrical machinery, and footwear and wearing apparel. Refer to Tables 1-A and 7.