Manufacturing rising fast


Industrial production in the Philippine grew faster in April in both volume and in value than in the previous month and a year earlier, the latest Monthly Integrated Survey of Selected Industries (MISSI) released by the Philippine Statistics Authority (PSA) on Friday showed.

The volume of production index (VoPI) in April grew 10.5 percent, faster than the revised 8.9-percent growth in March. It also gained 6.8 percent from the revised growth of 1.8 percent in March, reversing the 6.4-percent decline in April 2015.


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