Table 2.   Volume of Production Index (VoPI), Year-on-Year and Month-on-Month Growth Rates for Manufacturing Sector
           January 2006 - January 2007
           (1994 = 100)

===========================================================================================
           |          TOTAL MANUFACTURING          |          FOOD MANUFACTURING
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------

2006         102.9           -9.9                     98.6            3.0

Jan           95.0           -9.4            -19.6    74.9           -5.6            -39.2
Feb           94.7          -11.2             -0.2    86.7            3.6             15.8
Mar          101.1           -3.6              6.7   100.6           23.0             16.0
Apr           99.5          -12.8             -1.6    87.9           -4.0            -12.7
May          107.0           -6.0              7.6    92.5            5.7              5.3
Jun          105.4           -6.3             -1.5    93.1            5.9              0.6
Jul          102.2          -10.8             -3.0    89.9            5.3             -3.4
Aug          108.0           -6.1              5.7   100.8           14.7             12.1
Sep          103.3           -8.9             -4.4   101.4           13.5              0.6
Oct          104.5          -16.8              1.2   117.2           -6.7             15.6
Nov          106.5r         -16.1              2.0   119.0           -4.9              1.5
Dec          107.2           -9.3              0.6   119.4r          -3.1              0.4

2007

Jan           96.9            2.0             -9.6    82.4           10.1            -30.9

-------------------------------------------------------------------------------------------

Table 2 (continued)

=================================================================================================
               |                BEVERAGES              |                TOBACCO
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             138.6           -1.4                      24.6           -28.6

Jan              155.8           12.6              7.3     31.0             4.6             -3.1
Feb              151.8           11.3             -2.6     20.9           -28.8            -32.4
Mar              143.2           -5.3             -5.7     26.5            36.0             26.4
Apr              132.3          -21.1             -7.6     21.5           -29.8            -18.6
May              154.4            0.6             16.7     25.6           -44.7             19.0
Jun              133.7          -18.1            -13.4     27.1           -39.1              5.5
Jul              111.8          -10.4            -16.4     28.4           -24.9              4.8
Aug              126.7           13.6             13.3     27.9           -21.7             -1.7
Sep              140.6           13.2             11.0     27.1           -21.9             -2.6
Oct              131.9           -1.3             -6.2     26.6           -23.7             -2.0
Nov              133.7           -2.1              1.4     17.0r          -55.4            -36.0
Dec              147.2            1.4             10.1     15.3r          -52.0             -9.9

2007

Jan              133.0          -14.7             -9.7     13.7           -55.7            -10.5

-------------------------------------------------------------------------------------------------

Table 2 (continued)

=================================================================================================
               |                TEXTILES               |      FOOTWEAR AND WEARING APPAREL
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006              95.8          -10.4                      21.5           -20.5

Jan              111.9           25.4              5.6     18.2           -35.1            -28.0
Feb              111.4           13.0             -0.5     24.3           -16.0             33.1
Mar              121.8           18.3              9.3     24.9           -17.5              2.8
Apr              118.8           19.5             -2.5     21.9           -14.7            -12.0
May              121.9           14.3              2.6     22.1           -21.7              0.7
Jun              116.0           10.0             -4.8     21.3           -30.1             -3.8
Jul               83.6          -21.7            -27.9     22.9            -3.9              7.5
Aug               83.6          -29.2              2/      21.0           -24.1             -8.2
Sep               77.4          -29.4             -7.4     20.2           -25.7             -3.6
Oct               75.6          -34.9             -2.3     21.1           -18.5              4.5
Nov               70.2          -43.3             -7.2     18.6           -20.4            -12.2
Dec               57.2r         -46.0            -18.5     21.6           -14.8             16.2

2007

Jan               61.4          -45.1              7.3     19.7             8.0             -8.8

-------------------------------------------------------------------------------------------------
2/ - less than 0.1 percent decrease

Table 2 (continued)

=================================================================================================
               |         WOOD AND WOOD PRODUCTS        |         FURNITURE AND FIXTURES
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006              50.2          -28.8                     115.4             1.9

Jan               42.7          -60.8              1.8     91.8            11.7            -52.4
Feb               44.9          -61.1              5.2    103.3            21.4             12.5
Mar               47.1          -29.1              4.8    130.9           -33.6             26.8
Apr               43.9          -37.0             -6.7    114.0            20.0            -12.9
May               48.1          -39.0              9.6     99.4             3.8            -12.8
Jun               50.0          -37.4              3.8    121.3            17.4             22.0
Jul               53.5          -25.7              7.0    113.4            15.1             -6.5
Aug               58.5           -4.6              9.4    116.3            20.8              2.5
Sep               52.1          -21.6            -11.0    116.8             7.8              0.4
Oct               51.8           33.0             -0.6    117.4            19.4              0.6
Nov               54.4           17.8              5.0    123.1r           16.2              4.8
Dec               55.4r          31.9              1.8    137.3r          -28.9             11.5

2007

Jan               49.4           15.8            -10.7    138.0            50.3              0.5

-------------------------------------------------------------------------------------------------

Table 2 (continued)

=================================================================================================
               |        PAPER AND PAPER PRODUCTS       |         PUBLISHING AND PRINTING
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             101.2            2.2                     184.0             3.5

Jan               87.8          -12.6             -9.8    170.5           -16.0             15.2
Feb              100.1            1.9             14.1    164.5           -15.6             -3.5
Mar               99.0            8.9             -1.1    169.2             5.8              2.9
Apr               92.0            0.6             -7.1    151.7           -12.8            -10.3
May               99.6            1.4              8.3    178.6            -9.1             17.7
Jun              112.5            8.5             12.9    174.7            -1.2             -2.2
Jul              104.5            2.5             -7.1    187.2             8.6              7.2
Aug               99.1           -6.8             -5.2    182.2             3.8             -2.7
Sep              103.0            3.8              4.0    186.7            -3.0              2.5
Oct              107.5           11.0              4.4    207.0            31.1             10.8
Nov              107.8r           3.5              0.2    209.8            15.5              1.4
Dec              101.8r           4.6             -5.6    225.7            52.5              7.6

2007

Jan              101.7           15.8             -0.1    171.0             0.3            -24.2

-------------------------------------------------------------------------------------------------

Table 2 (continued)

=================================================================================================
               |            LEATHER PRODUCTS           |            RUBBER PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006               3.2            3.1                      78.9           -10.5

Jan                2.6           10.4             55.7     90.5             7.8             28.0
Feb                3.0           43.6             15.4     80.3             0.6            -11.3
Mar                2.6          -10.3            -12.2     91.4             4.3             13.8
Apr                3.1           54.6             16.3     69.3           -21.3            -24.2
May                4.3           80.1             41.8     68.0           -23.6             -1.8
Jun                3.3           25.9            -24.6     74.0           -16.6              8.8
Jul                4.1           -6.9             24.0     85.5            -8.3             15.6
Aug                3.9          -31.4             -4.7     89.0            -0.8              4.1
Sep                2.7          -45.2            -30.4     75.1           -22.0            -15.6
Oct                3.0           -0.4             11.8     82.7           -10.8             10.0
Nov                2.8           -8.8             -8.4     74.7           -23.5             -9.6
Dec                2.8           70.8              3.4     66.0            -6.7            -11.7

2007

Jan                2.7            4.3             -4.9     96.1             6.2             45.6

-------------------------------------------------------------------------------------------------
2/ - Less than 0.1 percent decrease

Table 2 (continued)

=================================================================================================
               |           CHEMICAL PRODUCTS           |           PETROLEUM PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             125.3           -3.3                      74.3            -7.0

Jan              114.5            0.9             -4.8     85.5            17.0            -18.8
Feb              111.5          -10.4             -2.6     79.1            18.4             -7.5
Mar              127.3            2.6             14.1     58.7             6.6            -25.8
Apr              120.1          -10.2             -5.6     83.4            23.4             42.1
May              120.5           -6.1              0.3     81.2             2.4             -2.7
Jun              123.5           -3.6              2.5     83.0            11.6              2.3
Jul              131.8           -3.6              6.7     65.0           -23.2            -21.6
Aug              153.2           12.7             16.2     70.8           -15.9              8.8
Sep              103.3          -30.9            -32.6     65.2           -18.4             -7.9
Oct              130.5           -4.8             26.4     60.3           -32.7             -7.5
Nov              139.4r          12.7              6.8     71.8           -26.7             19.1
Dec              128.4r           6.7             -7.9     87.2           -17.1             21.5

2007

Jan              124.3            8.5             -3.2     82.3            -3.8             -5.7

-------------------------------------------------------------------------------------------------

Table 2 (continued)

=================================================================================================
               |      NONMETALLIC MINERAL PRODUCTS     |       GLASS AND GLASS PRODUCTS f/
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006              64.4          -14.2                      36.0           -27.1

Jan               57.3          -17.3            -13.7     42.7           -17.1             32.0
Feb               60.6          -18.6              5.8     43.7             6.5              2.3
Mar               66.7          -13.0             10.0     27.7           -46.0            -36.4
Apr               62.5          -24.7             -6.3     27.0           -45.9             -2.8
May               70.0          -16.9             12.1     29.9           -45.4             10.7
Jun               71.0           -7.4              1.4     28.4           -44.5             -5.0
Jul               58.8          -21.0            -17.1     29.6           -45.0              4.5
Aug               63.9          -14.3              8.6     39.8           -23.8             34.4
Sep               64.8           -2.7              1.4     40.2           -18.4              1.0
Oct               65.1          -16.4              0.6     38.9           -28.5             -3.3
Nov               63.1          -17.9             -3.1     43.0           -15.4             10.6
Dec               68.9r           3.8              9.1     41.1            27.2             -4.4

2007

Jan               68.3           19.2             -0.8     38.3           -10.2             -6.9

-------------------------------------------------------------------------------------------------
f/ - Subsector of nonmetallic mineral products
1/ - Less than 0.1 percent increase

Table 2 (continued)

=================================================================================================
               |               CEMENT f/               |  MISCELLANEOUS NONMETALLIC MINERALS f/
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             119.8          -13.0                      13.5            19.5

Jan              104.9          -16.1            -18.3      9.4             8.2            -23.3
Feb              110.0          -28.0              4.9     11.7            17.2             24.4
Mar              130.1           -5.6             18.2     12.7            26.0              8.9
Apr              121.9          -19.9             -6.3     11.9            29.2             -6.3
May              135.6          -10.7             11.2     12.1            13.7              1.6
Jun              136.5            2.0              0.7     15.4            14.6             27.1
Jul              108.7          -17.6            -20.4     14.6            21.2             -5.5
Aug              114.1          -15.3              5.0     15.5            32.2              6.1
Sep              118.3            1.2              3.7     12.4           -13.5            -19.6
Oct              118.6          -18.1              0.3     15.0            64.3             20.5
Nov              110.7          -21.3             -6.7     17.4            29.5             16.4
Dec              127.6r          -0.7             15.2     13.2             7.8            -24.1

2007

Jan              128.8           22.8              0.9     13.7            45.8              3.8

-------------------------------------------------------------------------------------------------
f/ - Subsector of nonmetallic mineral products

Table 2 (continued)

=================================================================================================
               |               BASIC METALS            |             IRON AND STEEL g/
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             102.4           36.3                      32.9             3.6

Jan               70.9            3.0              3.7     22.3           -20.9            -11.8
Feb               81.0           16.6             14.2     27.2           -15.8             21.7
Mar               91.7           18.5             13.2     35.3            -1.2             29.9
Apr               96.5           36.0              5.3     29.6            -7.2            -16.2
May              121.0           33.9             25.3     38.7            -3.0             30.7
Jun              110.3           49.6             -8.8     38.2             8.7             -1.1
Jul              126.8           68.5             15.0     36.6             8.8             -4.3
Aug              108.3           35.2            -14.6     36.7            13.1              0.2
Sep              111.6           44.3              3.1     34.9            18.3             -4.8
Oct              102.7           36.2             -8.0     28.3            -3.5            -19.0
Nov              108.3           46.4              5.4     38.6r           41.4             36.6
Dec               99.3           45.2             -8.3     28.1r           11.1            -27.2

2007

Jan               82.7           16.6            -16.7     30.7            37.6              9.3

-------------------------------------------------------------------------------------------------
g/ - Subsector of basic metals

Table 2 (continued)

=================================================================================================
               |           NONFERROUS METALS g/        |        FABRICATED METAL PRODUCTS
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             225.6           37.3                     171.7             0.1

Jan              165.4            9.0              6.3    138.0             1.9            -57.6
Feb              180.8           24.4              9.3    161.0            21.9             16.6
Mar              196.2           19.6              8.5    190.0            46.3             18.0
Apr              214.1           40.9              9.1    156.6             3.3            -17.6
May              261.6           34.1             22.2    179.5             9.3             14.6
Jun              243.8           58.9             -6.8    163.2            -4.3             -9.1
Jul              289.0           79.1             18.5    182.3             8.7             11.7
Aug              237.5           32.4            -17.8    182.5             5.2              0.1
Sep              244.1           38.9              2.8    183.7            11.6              0.6
Oct              229.5           35.6             -6.0    175.0             5.6             -4.7
Nov              224.7           33.3             -2.1    193.5             8.7             10.6
Dec              220.7           41.9             -1.8    155.2r          -52.3            -19.8

2007

Jan              183.9           11.2            -16.7    144.0             4.3             -7.3

-------------------------------------------------------------------------------------------------
g/ - Sub-sector of Basic Metals

Table 2 (continued)

=================================================================================================
               |    MACHINERY, EXCLUDING ELECTRICAL    |          ELECTRICAL MACHINERY
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006             130.1          -49.4                      96.1           -40.2

Jan              162.0          -53.5             -9.1     89.7           -46.6            -26.9
Feb              150.7          -40.9             -6.9     83.0           -50.8             -7.5
Mar              163.6          -50.1              8.5    101.6           -35.6             22.5
Apr              134.2          -18.3            -17.9     87.8           -54.2            -13.6
May              133.5          -47.9             -0.5     94.8           -35.1              7.9
Jun              135.2          -46.5              1.2     88.8           -43.3             -6.3
Jul              144.1          -51.0              6.6     95.6           -40.7              7.7
Aug              116.5          -56.7            -19.2    101.1           -34.5              5.7
Sep              104.2          -54.4            -10.5    121.4           -15.5             20.0
Oct              109.6          -58.0              5.2    106.6           -38.2            -12.2
Nov              106.2          -57.2             -3.1     94.8           -48.7            -11.1
Dec              100.9          -43.3             -4.9     87.5           -28.7             -7.7

2007

Jan              106.9          -34.0              5.9     88.5            -1.4              1.1

-------------------------------------------------------------------------------------------------

Table 2 (concluded)

=================================================================================================
               |          TRANSPORT EQUIPMENT          |      MISCELLANEOUS  MANUFACTURES
Year and Month | Index | Year-on-Year | Month-on-Month |  Index  | Year-on-Year | Month-on-Month
               |       | Growth Rates |   Growth Rates |         | Growth Rates |   Growth Rates
-------------------------------------------------------------------------------------------------

2006              92.6          -14.2                      97.1            12.3

Jan               90.6           22.0              3.7     79.0             1.5              3.5
Feb               90.4           -8.4             -0.2     87.1             2.0             10.3
Mar               93.3          -26.7              3.2    104.0            27.1             19.4
Apr               69.9          -40.3            -25.1     85.0            -1.2            -18.3
May               96.5          -20.1             38.0    107.6            31.5             26.6
Jun               96.3          -22.7             -0.2    108.9            11.3              1.2
Jul               94.7          -15.8             -1.7    107.5            14.1             -1.2
Aug              101.0          -11.7              6.7    108.7            23.9              1.1
Sep              102.5           -5.4              1.5    108.9            21.4              0.2
Oct               97.9           -7.8             -4.5     99.6             4.9             -8.5
Nov               95.1           -8.4             -2.9     92.9             9.9             -6.7
Dec               83.0           -5.1            -12.8     76.6             0.5            -17.5

2007

Jan               90.0           -0.7              8.5     79.9             1.1              4.2

-------------------------------------------------------------------------------------------------

Note:    r - revised due to updating of data from late responding establishments

Source:  Monthly Integrated Survey of Selected Industries (MISSI)
         Industry Statistics Division
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines

Page last updated:  March 23, 2007
Related press release | Manufacturing statistics index