MANILA -The increase in the volume of the country's factory output revved up to 8.2 percent in April, a turnaround from the 1.3-percent contraction in the same month last year, buoyed by receding prices of inputs like petroleum products. The latest update from the Philippine Statistics Authority (PSA) shows that the increase in output volume also accelerated from 3.4 percent in March. In April, the PSA saw higher yearly growth rates in production of food products, as well as transport equipment and nonmetallic mineral products.

https://business.inquirer.net/404490/ph-factory-output-growth-revved-up-to-8-2-in-april

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