INDUSTRIAL output continued to grow in August from a year earlier on the back of higher production of capital goods and exports-oriented products, the latest Monthly Integrated Survey of Selected Industries (MISSI) released by the Philippine Statistics Authority (PSA) on Tuesday showed.

Manufacturing output’s sustained positive growth was driven by the increase in new orders and sales volume as well as expansions of new manufacturing firms despite the weak global economy, the National Economic and Development Authority (NEDA) said in a separate statement.

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