MANUFACTURING STRENGTHENS FURTHER IN MARCH 2017
The National Economic and Development Authority reports that the manufacturing sector grew in March 2017 following the increased production in petroleum products, food, and transport equipment. NEDA-attached agency Philippine Statistics Authority released its Monthly Integrated Survey of Selected Industries (MISSI) showing that the Volume of Production Index (VoPI) for manufacturing grew by 11.1 percent in continue reading : MANUFACTURING STRENGTHENS FURTHER IN MARCH 2017
Inflation remains at 3.4 percent in April 2017
MANILA – Slower price adjustments in electricity and gas and slightly higher prices of food commodities kept inflation at the same rate as with the previous month at 3.4 percent in April 2017, according to the National Economic and Development Authority (NEDA). This inflation rate is slightly below the median market expectation of 3.5 percent continue reading : Inflation remains at 3.4 percent in April 2017