Latest Breaking News On - He philippine statistics authority 39s psa monthly integrated survey of selected industries missi reported thursday the volume production index vopi last december increased by 4 8 percent year on - Page 1 : comparemela.com

File photo MANILA - Factories continued to register growth in December 2022, the Philippine Statistics Authority's (PSA) Monthly Integrated Survey of Selected Industries (MISSI) reported Thursday. The Volume of Production Index (VoPI) last December increased by 4.8 percent year on year, growing for six consecutive months. The growth in December last year was lower than November 2022's VoPI of 5.9 percent and December 2021's 19.2 percent. The PSA attributed the slower growth in VoPI in December 2022 to the decline in the top three industry divisions - the manufacture of transport equipment and basic metals, as well as the easing of growth in the production of computer, electronic, and optical products. "In addition to these three, slowdowns were also observed in the annual growth rates of the indices of eight industry divisions," it added. On the other hand, the Value of Production Index (VaPI) in the same period also grew 10.1 percent, expanding for 21 straight mo

Philippine statistics authorityMonthly integrated survey of selected industriesMonthly integrated surveySelected industriesProduction indexFile photo manila factories continued to register growth in december 2022He philippine statistics authority 39s psa monthly integrated survey of selected industries missi reported thursday the volume production index vopi last december increased by 4 8 percent year onRowing for six consecutive months the growth in december last year was lower than november 2022 39s vopi of 5 9 percent and 2021 19 2 psa attributed slower to decline top three industry divisions manufacture transport equipment basic metalsS well as the easing of growth in production computerNd optical products quot in addition to these threeLowdowns were also observed in the annual growth rates of indices eight industry divisionsUot it added on the other handHe value of production index vapi in the same period also grew 10 1 percentXpanding for 21 straight months the vapi in december 2022 eased from 12 5 percent preceding month and 19 6 growth 2021 of manufacture transport equipmentNd optical productsNd basic metals also contributed to the slowdown of value production last december meanwhile