Value of Production declines at a slower pace in March 2009

Value of Production Index (VaPI) for the manufacturing industry on an annual basis eased further to 12.0 percent in March 2009 from the previous month's decline of 18.8 percent, according to the preliminary results of the Monthly Integrated Survey of Sele

Value of Production Index (VaPI) for the manufacturing industry on a year-on-year basis posted an increase of 3.0 percent in April 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Among the major sectors, leather products posted the highest production increase of 88.9 percent, while five (5) other major sectors also registered double-digit growth, as follows: petroleum products, textiles, machinery excluding electrical, basic metals and furniture and fixtures. Refer to Tables 1-A and 1.

Value of Production Index (VaPI) for the manufacturing industry on a year-on-year basis registered an increase of 9.9 percent in March 2006 compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Sectors which posted considerable increases were tobacco, fabricated metal products, miscellaneous manufactures, textiles, food manufacturing, petroleum products, paper and paper products, electrical machinery, basic metals, leather products and rubber products. Refer to Tables 1-A and 1.