Manufacturing output eased to a two-month low in January dragged by contractions in food and transport equipment as well as sluggish growth in other non-metallic mineral products, the Philippine Statistics Authority (PSA) reported on Friday.
Preliminary results of the PSA’s latest Monthly Integrated Survey of Selected Industries (MISSI) showed factory output, as measured by the volume of production index, slowed by 1.2% year on year in January.
This was slower than the 3.2% growth in January 2025 and the revised 2% increase recorded last December.
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