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MANILA, July 11 (Xinhua): The performance of manufacturing production in the Philippines continued to accelerate in May, hitting a growth record, the Philippine Statistics Authority (PSA) has announced. Based on the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 249.5 per cent and 265.0 per cent in May, respectively. The year-on-year growth rate in May was the second positive growth since April 2019 and the highest annual growth in the 2018-based data series, the PSA said in a statement. The PSA said the sharp increases in most of the 18 industry divisions that registered positive annual growth rates led to the VaPI s upward trend. The manufacture of coke and refined petroleum products was among the top contributor with 1, 472.7 percent yearly growth.

Philippine statistics authorityMonthly integrated survey of selected industriesMonthly integrated surveySelected industriesபிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்மாதாந்திர ஒருங்கிணைந்த கணக்கெடுப்பு ஆஃப் தேர்ந்தெடுக்கப்பட்டது தொழில்கள்மாதாந்திர ஒருங்கிணைந்த கணக்கெடுப்புதேர்ந்தெடுக்கப்பட்டது தொழில்கள்