FACTORY output — both in volume and value terms — expanded in February, the Philippine Statistics Authority (PSA) reported on Thursday.
The volume of production index (VoPI) grew by 24.8 percent in February from 9.8 percent a year ago while the value of production index (VaPI) climbed by 23.6 percent from 8.3 percent, results of the PSA’s Monthly Integrated Survey of Selected Industries showed.
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