Factory output drops in January
Credit to Author: ANNA LEAH E. GONZALES| Date: Tue, 05 Mar 2019 03:25:31 +0000
VOLUME and value of factory output dropped in January, the Philippine Statistics Authority (PSA) reported on Tuesday.
Results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed that the Volume of Production Index (VoPI) declined by 4.1 percent from a 10.8 percent expansion in January last year.
PSA said that the Value of Production Index (VaPI) also went down by 0.7 percent from 10.9 percent growth a year earlier.
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