Filipino leather manufacture declines 92.5%, March 2004
28/05/2004
According to the latest figures from the Philippines National Office of Statistics, the country’s leather manufacturing output declined a massive 92.5% during March 2004.
The country’s total manufacturing output declined 11% while the volume of net sales index went down 3.3%.
Double digit decreases, amongst others, were also registered by the footwear, apparel, petroleum, tobacco industries.
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