FACTORY output — both in volume and value terms — continued to accelerate in April with the expansion also faster compared to a month earlier, the Philippine Statistics Authority (PSA) reported on Tuesday.
The volume of production index (VoPI) grew by 31.1 percent in April, up from 16.5 percent in March and a reversal of the 1.6-percent contraction recorded a year ago, based on results of the PSA’s latest Monthly Integrated Survey of Selected Industries.
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