Philippines' manufacturing production increased from last year in June, after falling in the previous month, data released by the National Statistics Office showed Wednesday.
The volume of production in the manufacturing sector increased 4.4 percent annually in June, reversing the previous month's revised 4.1 percent decrease.
Eleven of the twelve primary sectors influenced the increase in output, with major contributions coming from footwear and wearing apparel, furniture and fixtures and wood and wood products, the agency said.
Month-on-month, manufacturing production increased 6.1 percent in June, following the previous month's 4.2 percent decrease.
In value terms, production at Philippine factories advanced 2.4 percent during June, after falling a revised 2.9 percent in May, data showed.
At the same time, the volume of turnover in the manufacturing sector increased at a faster rate of 5 percent in June than May's revised 3 percent. The growth in turnover value, meanwhile, slowed to 3.1 percent from 4.4 percent.
by RTT Staff Writer
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