Value of Production still on its downtrend in January 2008

Value of Production Index (VaPI) for the manufacturing industry continued its downtrend as it posted a year-on-year decline of 1.4 percent in January 2008, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This was brought about by the sluggish performance in production observed in the following major sectors: furniture and fixtures, food manufacturing, and transport equipment. Refer to Tables 1-A and 7 .

Value of Production Index (VaPI) for the manufacturing industry on a year-on-year basis registered an increase of 5.1 percent in February 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Major sectors that contributed to the growth were the following: petroleum products, furniture and fixtures, fabricated metal products, basic metals, textiles and beverages. Refer to Tables 1-A and 1.

Value of Production continues to grow

Value of Production Index (VaPI) for the manufacturing industry went up by 6.3 percent in August 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Basic metals continued to lead the major sectors as it exhibited the highest growth of 36.5 percent. Seven other sectors that reported significant increments were the following: miscellaneous manufactures, beverages, food manufacturing, chemical products, electrical machinery, rubber products and fabricated metal products. Refer to Tables 1-A and 1.