Industrial production fell in July both in volume and value terms, reversing the increases posted a year earlier, data released by the government on Tuesday showed.
The volume of production index (VoPI) fell 1.1 percent, against a 7.7 percent increase recorded in July 2016, while the value of production index (VaPI) dropped 1.1 percent, against 12.1 percent growth a year earlier, the Philippine Statistics Authority (PSA) said in its report.
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