February 5, 2019 Slow demand after the holiday season led to the contraction of manufacturing output in December 2018, the National Economic and Development Authority said. The Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority (PSA) reported that the Volume of Production Index (VoPI) and the Value of Production Index (VaPI) for continue reading : FACTORY OUTPUT DECLINES AS HOLIDAY SEASON ENDS – NEDA