Philippine Value of Production Index Drops, Net Sales Index Rises in February
Unwinn DeppnerThe Philippines' value of production index for manufacturing slid 1.6% in January, after rising 3% annually in January, data from the Philippine Statistics Authority showed on Tuesday.
In February 2024, the index had rose 1.8% on year.
Meanwhile, the volume of production index slid 2.4% in February, after rising 2.3% in the previous month. In February 2024, the volume of production index rose 3.2% on year, the data showed.
The country's production index measures real output in the manufacturing sector.
The value of the net sales index for manufacturing jumped 9.3% year on year in February, faster than the 8.9% annual growth in the preceding month, and versus a 0.2% improvement a year earlier.
The volume of net sales index rose 8.4% year on year in February, faster than the 8.2% annual rise in the month prior, the data showed.
FinanceWiki bertujuan untuk menyampaikan kreasi pengguna, tetapi tidak bermaksud setuju dengan pandangan mereka atau mengonfirmasi keaslian konten mereka. Harap buat penilaian Anda sendiri saat membaca dan menjelajah. Artikel tersebut diterbitkan oleh pengguna yang terdaftar di FinanceWiki, bukan oleh FinanceWiki. Jika ada pelanggaran, silakan hubungi kami tepat waktu untuk diproses, dan kami akan merespons dan menyelesaikannya sesegera mungkin.
