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Manufacturing output up in May - Philippine Canadian Inquirer Nationwide Filipino Newspaper

Philippines manufacturing output picked up 8 1% in May 2023

Factory output in the Philippines showed a sustained improvement in May amid the decelerating inflation rate, data from the Philippine Statistics Authority showed Friday.

Manufacturing output posts second highest growth for the year in May

The country’s manufacturing sector posted its second highest growth for the year, according to the latest data from the Philippine Statistics Authority (PSA). Based on the Production Index and Net Sales Index or the Monthly Integrated Survey of Selected Industries for May 2023, the Volume of Production Index (VoPI) grew…

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