Manufacturing output up 5 months in a row
source: bworldonline.com

Manufacturing output up 5 months in a row

Factory output rose for the fifth consecutive month as economic activity gradually picks up, data from the Philippine Statistics Authority (PSA) showed.

Preliminary results of the latest Monthly Integrated Survey of Selected Industries (MISSI) reported the factory output as measured by the volume of production index (VoPI) grew by 3.5% annually in August, faster than the 2.4% in July but slower than the 533.7% in August 2021.

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