FACTORY output fell in December, the Philippine Statistics Authority (PSA) reported on Thursday, with both volume and value growth easing from the previous month and a year earlier.

Preliminary results of the PSA's latest Monthly Integrated Survey Selected Industries (MISSI) showed a 4.8-percent gain for the volume of production index (VoPI), down from November's 5.9 percent and the 19.2 percent in December 2021.

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