FACTORY output, both in terms of volume and in value, turned negative in November, the Philippine Statistics Authority (PSA) reported on Tuesday.
The volume of production (VoPI) and value of production (VaPI) indices respectively contracted by 3.9 percent and 4.2 percent, reversing from upticks of 0.3 percent and 0.7 percent a month earlier and the 2.1 percent for both a year ago.
