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PSA’S MISSI REPORT: Aug factory output expands despite slower sales

PSA’S MISSI REPORT: Aug factory output expands despite slower sales

Factories in the Philippines ramped up production in August, marking an expansion in output and a reversal of the contraction in July, despite a concurrent slowdown in sales growth, data from the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries (MISSI) released on Tuesday showed. The Volume of Production Index (VoPI) rose by [...]The post PSA’S MISSI REPORT: Aug factory output expands despite slower sales appeared first on Malaya Business Insight.

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