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.
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