Factory output slows; most sectors contract

MANUFACTURING output slowed in January as the majority of industry divisions posted declines, the Philippine Statistics Authority (PSA) reported on Thursday. The Value of Production Index (VaPI) expanded by just 0.9 percent, down from December’s 2.2 and well below the year-earlier 12.5 percent. Register to read this story and more for free. Signing up for […]

Tomas Kauer - News Moderator Tomas Kauer - News Moderator
Mar 8, 2024 - 05:55
Factory output slows; most sectors contract

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MANUFACTURING output slowed in January as the majority of industry divisions posted declines, the Philippine Statistics Authority (PSA) reported on Thursday.

The Value of Production Index (VaPI) expanded by just 0.9 percent, down from December’s 2.2 and well below the year-earlier 12.5 percent.

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