MANUFACTURING output rebounded in December from a month earlier, the Philippine Statistics Authority (PSA) reported on Friday, but overall 2024 growth — while positive — was substantially lower than in the previous two years.
The Value of Production Index (VaPI) expanded by 0.4 percent, recovering from November's 3.5-percent contraction, and the Volume of Production Index (VoPI) also grew by 0.2 percent after falling by 3.9 percent.
