Value of Production continues to drop

Value of Production Index (VaPI) for the manufacturing industry dipped further by 11.2 percent in October 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). The drop was due to the continued two-digit decreases in production reported by machinery excluding electrical, petroleum products, textiles and tobacco. Refer to Tables 1-A and 1.

Value of Production continues its downtrend in March 2007

Value of Production Index (VaPI) for the manufacturing industry was still on its downtrend as it posted a decrease of 5.2 percent in March 2007, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Twelve of the 20 major sectors reported declines in production, with two-digit decreases observed in the following major sectors: textiles, tobacco, machinery excluding electrical, footwear and wearing apparel, electrical machinery, rubber products and miscellaneous manufactures. Refer to Tables 1-A and 1.

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 .