News

Philippines: manufacturing continues decline

28/02/2002

Economic data for December 2001 shows that manufacturing production is still contracting in the Philippines with leather and leather products amongst the sectors most affected by the downturn.

According to statistics from the National Statistics Office (NSO) collected from a monthly survey of selected industries, volume of output fell 11.3% in December compared with growth of 6.3% in December 2000.

To continue reading this story, please sign in or register.

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.