FACTORY output, both in terms of volume and in value, contracted anew in October, the Philippine Statistics Authority (PSA) reported on Friday.
The volume of production (VoPI) and value of production (VaPI) indices respectively fell by 1.8 percent and 2.2 percent — an improvement from September’s 5.0 percent and 6.3 percent, respectively, but a reversal from the year-earlier 1.4 percent and 0.8 percent.
Be the first to comment