Manufacturing output declines in May 0 SHARES Share it! In its Monthly Integrated Survey of Selected Industries (MISSI), the Philippine Statistics Authority (PSA) reported that manufacturing output continued to decline in May this year. Food products, the largest subsector, has significant impact on the overall performance of the manufacturing sector,” the Cabinet official said. In May 2019, the food manufacturing sub-sector’s VoPI declined by 14.0 percent while its VaPI decreased by 17.7 percent. It will also drive up the demand for farm equipment, thereby improving manufacturing industry and create more jobs for Filipinos,” Pernia said.

Source: Manila Bulletin July 05, 2019 13:52 UTC