Factory output up anew in December

Feb 08, 2024 12:23 am

MANUFACTURING output picked up in December from the previous month, but growth remained well below year-earlier levels, the Philippine Statistics Authority (PSA) reported on Wednesday.

The Value of Production Index (VaPI) expanded by 2.6 percent, up from November's 2.0 percent, while the Volume of Production Index (VoPI) grew by 2.0 percent from 1.8 percent.

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