Value of Production recovers in April 2008

Value of Production Index (VaPI) for the manufacturing industry expanded by 7.3 percent in April 2008 after contracting by 5.0 percent in March, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Footwear and wearing apparel led April's overall expansion with a year-on-year growth of 45.0 percent. Other major sectors that posted double-digit increases in production value were the following: basic metals, leather products, beverages, wood and wood products, rubber and plastic products, food manufacturing, non-metallic mineral products, and tobacco products. Refer to Tables 1-A and 7.

alue of Production slides further in April 2009

Value of Production Index (VaPI) for the manufacturing industry on an annual basis declined to 14.9 percent in April 2009, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Seventeen of 20 major sectors accounted for the decline in production with significant values noted in the following: leather products, furniture and fixtures, petroleum products, basic metals, transport equipment, paper and paper products, footwear and wearing apparel, miscellaneous manufactures, rubber and plastic products, chemical products, machinery except electrical, and food manufacturing. Refer to Tables 1-A and 1.

On a monthly basis, the performance of VaPI was flat in April 2009

Transport equipment was the top performer among the sectors registering a year-on-year overall growth of 18.3 percent in its VoPI.