Factory output expands in Aug

By Anna Leah E. Gonzales

Oct 08, 2021 12:13 am

FACTORY output both in volume and value continued to grow in August, data from the Philippine Statistics Authority showed.

Results of the statistics agency's latest Monthly Integrated Survey of Selected Industries released on Thursday showed the country's Volume of Production Index (VoPI) expanded by 534.6 percent in August 2021, slower than the 539.7-percent growth in July but a reversal from the 82.2-percent contraction a year before.

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