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.

Value of Production Index (VaPI) for total manufacturing posted a year-on-year decrease of 5.4 percent from a double-digit decrease of 10.5 percent in October 2011, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This was attributed by 11 major sectors that reported decreases in production value. Double-digit decreases were observed in the following major sectors: wood and wood products (-28.7%), food manufacturing (-26.6%), machinery except electrical (-20.6%), miscellaneous manufactures (-12.1%) and textiles (-11.2%). Refer to Tables 1-A and 1.