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.

Value of Production remains at single-digit growth

Value of Production Index (VaPI) for the manufacturing industry recorded a slow growth of 3.0 percent in July 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Factory performance of basic metals showed a significant improvement, with 71.7 percent increase, followed by other three (3) major sectors that posted two-digit growth, namely: food manufacturing, footwear and wearing apparel, and fabricated metal products. Refer to Tables 1-A and 1.

Value of Production Index (VaPI) for total manufacturing inched up to 8.4 percent in February 2012, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI).