THE growth of the country’s manufacturing output posted a five-month high in February 2024, according to the latest data released by the Philippine Statistics Authority (PSA). Based on the Production Index and Net Sales Index, PSA said the Volume of Production Index (VoPI) grew 8.9 percent in February 2024, the…
GLOBAL headwinds and sluggish demand from China will weigh on the performance of the manufacturing sector, according to Standard & Poor’s (S&P) Global Market Research. Based on the latest Purchasing Managers Index (PMI), S&P said the country’s composite score in the index dipped to 50.9 in January, the second consecutive…
THE country’s manufacturing sector posted growth of 1.9 percent in November 2023, according to the latest data from the Philippine Statistics Authority (PSA). Based on the Monthly Integrated Survey of Selected Industries (Missi), the Volume of Production Index (VoPI) in November 2023 was faster than the annual growth rate of…
ANNUAL preparations for the holidays allowed the country’s manufacturing output to increase in July 2023, according to the latest Monthly Integrated Survey of Selected Industries (Missi) results released by the Philippine Statistics Authority (PSA). Based on the PSA, the Volume of Production (VoPI) for manufacturing registered a year-on-year growth of…