Table 8  Volume of Production Index (VoPI), Year-on-Year and Month-on-Month Growth Rates for Manufacturing Sector
         January 2007 - March 2008
         (2000=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
--------------------------------------------------------------------------------------------

2007          84.5           -4.6                    131.7           -5.3

Jan           81.5           -3.6            -11.5   127.2            2.1           -24.7
Feb           74.4          -12.1             -8.7   120.8           -7.5            -5.0
Mar           84.8           -7.8             13.9   142.3           -6.2            17.8
Apr           79.8           -5.9             -5.8   117.8          -10.6           -17.3
May           81.5           -9.1              2.2   110.5          -14.1            -6.2
Jun           84.4           -3.8              3.5   121.8           -0.3            10.3
Jul           85.7            0.9              1.5   124.9            7.6             2.5
Aug           85.6           -2.9             -0.1   123.8           -2.9            -0.8
Sep           84.3           -4.0             -1.5   128.9            0.4             4.1
Oct           88.0           -5.0              4.3   140.1          -16.1             8.7
Nov           88.5r          -6.3              0.6   147.0r         -14.5             4.9
Dec           95.7r           3.8              8.1   174.7r           3.4            18.8

2008

Jan           79.1r          -3.0            -17.4   107.6r         -15.4           -38.4
Feb           79.1r           6.3              0.0   117.5r          -2.8             9.2
Mar           79.8           -5.9              0.9   124.4          -12.6             5.9

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

Table 8 (continued)

============================================================================================
           |                BEVERAGES              |              TOBACCO PRODUCTS
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007          95.1            8.4                     14.6          -32.1

Jan           83.9          -13.6            -11.0    12.0          -55.8           -10.6
Feb           76.1          -19.9             -9.3    12.9          -29.8             7.4
Mar           90.9            1.6             19.4    13.3          -42.6             3.1
Apr           89.8            8.7             -1.2    12.2          -35.5            -8.4
May          104.2            8.1             16.1    17.8          -21.0            45.7
Jun          101.2           18.3             -2.9    18.7          -21.3             5.2
Jul           89.0           24.3            -12.1    17.1          -31.2            -8.4
Aug           92.0           13.4              3.4    16.6          -32.3            -3.3
Sep           88.5           -1.7             -3.8    14.3          -40.0           -13.7
Oct          103.1           22.1             16.5    14.8          -36.8             3.3
Nov           97.0           13.2             -5.9    14.6           -2.3            -1.1
Dec          125.7           33.3             29.6    11.5          -14.7           -21.4

2008

Jan          111.1           32.4            -11.6    15.7           30.4            36.6
Feb          106.5r          40.0             -4.1    14.1            9.1           -10.1
Mar          116.3           28.0              9.2    10.5          -21.2           -25.5

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

Table 8 (continued)

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

2007          68.6          -38.0                     36.0          -20.2

Jan           67.5          -48.4             10.6    39.2            3.1           -12.6
Feb           72.9          -44.7              8.1    36.3          -25.5            -7.4
Mar           71.0          -50.0             -2.7    31.7          -38.1           -12.8
Apr           67.5          -53.4             -4.9    31.9          -34.6             0.7
May           72.8          -48.6              7.9    35.3          -17.6            10.8
Jun           66.8          -49.7             -8.2    35.8          -25.5             1.5
Jul           74.0          -23.8             10.8    38.9          -15.8             8.5
Aug           74.4          -21.0              0.5    36.0          -19.8            -7.4
Sep           66.3          -25.9            -10.9    40.1           -7.2            11.4
Oct           67.3          -21.8              1.5    36.7          -16.6            -8.5
Nov           62.2          -18.7             -7.6    34.0          -15.2            -7.4
Dec           60.4           -1.0             -2.9    35.8          -20.2             5.4

2008

Jan           62.4r          -7.5              3.4    41.3r           5.4            15.4
Feb           60.2r         -17.4             -3.5    48.4r          33.3            17.1
Mar           58.0          -18.2             -3.7    45.8           44.8            -5.3

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

Table 8 (continued)

============================================================================================
           |          LEATHER PRODUCTS             |      WOOD AND WOOD PRODUCTS
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007           4.1            5.9                     64.6            8.8

Jan            3.4          -20.9              0.8    50.9           -9.3           -22.5
Feb            3.3          -23.2             -2.8    55.7            2.7             9.5
Mar            3.3          -20.8              1.7    59.1          -11.1             6.2
Apr            3.3           -9.2             -0.1    58.7           -0.7            -0.7
May            3.6           -8.3              9.2    60.2           -1.4             2.5
Jun            4.1            4.4             13.0    72.7           21.8            20.7
Jul            4.6           11.7             13.0    72.5           21.2            -0.3
Aug            4.9           27.1              4.6    75.7           12.6             4.4
Sep            5.0           35.0              3.1    72.2           23.9            -4.6
Oct            4.4           14.9            -12.1    71.5           37.0            -1.1
Nov            5.1           53.9             16.6    61.4           15.8           -14.0
Dec            4.2           24.2            -19.0    65.1           -0.9             5.9

2008

Jan            5.0r          48.8             20.8    61.7r          21.3            -5.2
Feb            4.6r          41.4             -7.6    61.4r          10.1            -0.6
Mar            5.0           49.9             -7.8    64.0            8.2             4.3

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

Table 8 (continued)

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

2007          78.5           -1.0                     60.7          -11.2

Jan           80.7           13.8              1.3    59.2           -8.7           -22.0
Feb           72.7           -5.8             -9.8    60.2           -7.0             1.7
Mar           79.1            1.1              8.8    63.8           -5.8             6.0
Apr           76.9            6.5             -2.8    55.7           -7.1           -12.7
May           76.7           -3.5             -0.2    60.8          -10.0             9.2
Jun           81.1           -7.9              5.7    69.0            2.0            13.4
Jul           72.0          -13.7            -11.2    67.3           -4.8            -2.5
Aug           85.4           10.7             18.6    53.0          -23.7           -21.2
Sep           80.3           -1.1             -6.0    63.9           -5.3            20.6
Oct           88.0            8.7              9.6    59.7          -17.2            -6.6
Nov           75.8           -8.5            -13.8    54.1          -25.5            -9.3
Dec           73.4           -7.8             -3.1    62.0          -18.3            14.5

2008

Jan           87.8r           8.8             19.5    53.0r         -10.4           -14.5
Feb           74.4r           2.3            -15.2    55.0r          -8.7             3.7
Mar           75.8           -4.2              1.9    52.2          -18.2            -5.0

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

Table 8 (continued)

====================================================================================================
           |          PETROLEUM PRODUCTS           | CHEMICAL PRODUCTS (including plastic products)
Year/Month | Index | Year-on-Year | Month-on-Month |   Index   | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |           | Growth Rates | Growth Rates
----------------------------------------------------------------------------------------------------

2007          62.9           -1.4                       86.0             -8.2

Jan           71.0           -3.9             -5.4      74.3            -12.8             -24.9
Feb           36.2          -47.1            -49.0      75.9            -12.1               2.2
Mar           49.6           -1.6             37.0      85.6            -15.7              12.8
Apr           73.8            4.0             48.9      81.7            -10.7              -4.6
May           69.2           -0.8             -6.3      87.6             -2.4               7.2
Jun           66.6           -5.8             -3.8      97.3              5.6              11.1
Jul           68.3           21.8              2.6      85.6            -13.5             -12.1
Aug           67.5           11.1             -1.2      98.2             -4.0              14.8
Sep           59.3            6.0            -12.1      91.0             17.7              -7.3
Oct           61.9           19.6              4.4      81.7            -15.5             -10.3
Nov           61.8            0.0             -0.2      86.1            -16.8               5.4
Dec           69.7           -7.1             12.7      87.1            -12.0               1.1

2008

Jan           56.0          -21.2            -19.7
Feb           53.1           46.7             -5.1
Mar           43.4          -12.5            -18.3

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

Table 8 (continued)

============================================================================================
           | CHEMICAL PRODUCTS (excluding plastic products)|  RUBBER AND PLASTIC PRODUCTS
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007         100.1           -2.1                     69.6            8.7

Jan           86.0           -1.2            -23.2    70.8          -16.2             39.9
Feb           87.5           -2.4              1.6    65.3           -9.1             -7.8
Mar           99.4           -6.4             13.6    71.9           -7.6             10.0
Apr           96.3           -4.8             -3.1    62.5           16.1            -13.1
May          102.5            5.0              6.5    67.5           10.2              8.1
Jun          114.8           12.5             11.9    73.2           30.4              8.4
Jul           98.7           -9.7            -14.0    71.8           23.4             -2.0
Aug          116.5            2.0             18.1    71.4            7.2             -0.5
Sep          106.4           28.1             -8.6    70.9r          13.7             -0.9
Oct           92.5          -14.0            -13.1    75.6r          16.8              6.6
Nov          100.2          -14.8              8.3    67.4r          10.9            -10.8
Dec          101.0           -9.9              0.8    67.1r          32.8             -0.2

2008

Jan           89.7r           4.2            -11.2    67.5           -4.7              0.5
Feb           94.5r           8.1              5.4    70.5r           8.0              4.5
Mar           99.3           -0.1              5.0    71.8           -0.2              1.7

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

Table 8 (continued)

============================================================================================
           |        RUBBER PRODUCTS..f/            |          PLASTIC PRODUCTS  f/
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007         203.7           15.7                     41.6            3.2

Jan          256.6           13.3             93.6    36.8          -29.5             11.1
Feb          190.0           12.8            -25.9    39.1          -20.2              6.2
Mar          215.1           25.0             13.2    42.4          -23.1              8.5
Apr          187.5           45.3            -12.8    36.9           -0.8            -12.9
May          191.7           25.4              2.2    41.1            1.1             11.2
Jun          215.0           49.5             12.2    43.7           16.6              6.2
Jul          202.3           23.5             -5.9    43.6           19.6             -0.1
Aug          208.7           -3.8              3.2    42.6           13.9             -2.3
Sep          199.1            1.6             -4.6    43.0           21.9              1.0
Oct          214.8            2.7              7.9    45.6           26.2              6.1
Nov          180.3          -10.1            -16.1    41.9           25.7             -8.3
Dec          183.0           38.1              1.5    42.7           28.8              1.9

2008

Jan          189.7          -26.1              3.7    42.7           16.1              0.1
Feb          192.4r           1.2              1.4    45.1r          15.4              5.6
Mar          188.4          -12.4             -2.0    46.9           10.6              4.1

--------------------------------------------------------------------------------------------
f/ - Subsector of Rubber and Plastic Products

Table 8 (continued)

============================================================================================
           |     NON-METALLIC MINERAL PRODUCTS     |        GLASS AND GLASS PRODUCTS  g/
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007          94.8           -3.4                     68.6            1.8

Jan           95.6           10.9             -5.2    83.2           13.0              3.2
Feb           93.9           -0.3             -1.7    76.4           -3.8             -8.2
Mar          101.6            5.3              8.2    57.1            7.0            -25.2
Apr           95.5            0.3             -6.0    52.4           -7.0             -8.2
May           96.9           -8.9              1.5    65.3           23.2             24.4
Jun           93.6          -12.1             -3.5    60.5           10.0             -7.3
Jul           93.5            0.5             -0.1    70.1           19.1             15.9
Aug           97.2           -4.4              4.0    64.0          -12.5             -8.7
Sep           93.7           -9.2             -3.6    67.8           -6.0              5.9
Oct           93.3           -6.0             -0.5    76.4            1.2             12.7
Nov           90.2           -5.3             -3.3    79.3            1.3              3.9
Dec           93.0           -7.8              3.1    71.2          -11.7            -10.3

2008

Jan           92.3r          -3.4             -0.7    80.1           -3.7             12.5
Feb           90.0           -4.2             -2.6    85.0r          11.3              6.1
Mar          100.0           -1.6             11.2    86.2           50.9              1.4

--------------------------------------------------------------------------------------------
g/ - Subsector of Non-Metallic Mineral Products

Table 8 (continued)

============================================================================================
           |              CEMENT  g/               | MISCELLANEOUS NON-METALLIC MINERAL  g/
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007         136.1           -0.9                     47.7          -12.7

Jan          135.9           15.1             -7.4    41.6           -1.1              4.0
Feb          131.9            2.8             -3.0    46.7           -1.7             12.2
Mar          147.8            3.7             12.1    58.2           15.1             24.6
Apr          140.6            2.0             -4.9    53.6            3.2             -7.9
May          138.9          -10.3             -1.2    50.2          -20.5             -6.3
Jun          130.1          -16.1             -6.3    55.1           -9.9              9.7
Jul          134.6            6.7              3.4    42.9          -29.5            -22.2
Aug          141.7            3.2              5.3    51.2          -17.7             19.4
Sep          131.0           -8.2             -7.5    52.5          -12.1              2.7
Oct          126.7           -6.3             -3.3    52.1           -6.0             -0.9
Nov          130.0            6.5              2.6    38.1          -37.1            -26.9
Dec          143.8           -2.0             10.6    29.8          -25.5            -21.7

2008

Jan          135.9            0.0             -5.5    36.4r         -12.4             22.3
Feb          126.7           -3.9             -6.8    39.6r         -15.1              8.7
Mar          136.6           -7.6              7.8    54.1           -7.1             36.5

--------------------------------------------------------------------------------------------
g/ - Subsector of Non-Metallic Mineral Products

Table 8 (continued)

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

2007         101.4          -18.5                     69.9           -5.2

Jan          103.5           17.3             -9.2    67.4           30.7              8.4
Feb          106.0            2.1              2.4    78.1           19.8             16.0
Mar          120.7            0.2             13.9    88.8           10.6             13.6
Apr           96.5          -16.2            -20.0    61.4           -7.8            -30.8
May          102.4          -29.2              6.0    69.9          -18.4             13.8
Jun           89.4          -35.3            -12.6    68.9          -19.0             -1.4
Jul          103.7          -29.7             15.9    63.3          -21.4             -8.2
Aug          108.5          -18.6              4.6    78.1           -3.7             23.5
Sep           90.1          -32.1            -16.9    59.4          -23.0            -23.9
Oct          103.9          -12.2             15.3    69.0            9.3             16.1
Nov           98.6          -27.5             -5.1    65.9          -23.3             -4.4
Dec           93.0          -18.4             -5.7    68.4           10.1              3.7

2008

Jan           94.0r          -9.2              1.0    67.5r           0.1             -1.4
Feb          100.1r          -5.6              6.5    71.9r          -8.0              6.6
Mar          111.1           -8.0             11.0    86.3           -2.8             20.0

--------------------------------------------------------------------------------------------
h/ - Subsector of Basic Metals

Table 8 (continued)

============================================================================================
           |        NON-FERROUS METALS  h/         |      FABRICATED METAL PRODUCTS
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007         191.5          -30.7                    193.8            8.0

Jan          210.7            4.9            -21.6   158.9            2.5             -0.5
Feb          184.3          -16.1            -12.6   184.1            8.4             15.8
Mar          210.3          -12.2             14.1   205.5            0.6             11.6
Apr          197.5          -24.4             -6.1   180.1           14.1            -12.3
May          194.6          -39.1             -1.5   204.6            9.2             13.6
Jun          145.5          -51.1            -25.2   207.6            8.8              1.5
Jul          223.0          -36.8             53.3   204.4           13.3             -1.5
Aug          194.5          -32.9            -12.8   221.8           19.5              8.5
Sep          178.9          -40.0             -8.0   178.6            4.8            -19.5
Oct          204.4          -28.3             14.3   200.7           10.2             12.4
Nov          192.9          -32.0             -5.6   210.3            0.0              4.8
Dec          161.2          -40.0            -16.4   168.8            5.7            -19.8

2008

Jan          167.6          -20.5              3.9   199.7r          25.7             18.3
Feb          176.4           -4.3              5.3   184.0r           0.0             -7.9
Mar          177.3          -15.7              0.5   181.3          -11.8             -1.5

--------------------------------------------------------------------------------------------
h/ - Subsector of Basic Metals

Table 8 (continued)

============================================================================================
           |      MACHINERY EXCEPT ELECTRICAL      |         ELECTRICAL MACHINERY
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007          45.5           -4.2                     58.9           -4.5

Jan           42.4          -19.3             -0.4    59.6           -2.6              5.7
Feb           42.4          -15.7              0.1    53.7           -2.7             -9.9
Mar           45.5          -17.9              7.1    58.9          -10.7              9.5
Apr           43.3           -7.8             -4.8    55.5           -0.4             -5.6
May           42.7          -10.2             -1.2    55.9           -8.6              0.5
Jun           45.6           -4.6              6.7    59.2            4.3              6.0
Jul           44.4          -14.3             -2.6    63.6            6.1              7.5
Aug           44.7           -0.2              0.7    55.2          -13.0            -13.2
Sep           45.1            5.4              1.0    63.8          -15.0             15.5
Oct           53.4           22.5             18.4    59.3          -12.9             -6.9
Nov           48.0           10.5            -10.2    60.5           -1.3              2.0
Dec           48.1           13.1              0.4    62.1           10.0              2.6

2008

Jan           29.0r         -31.6            -39.8    61.2r           2.6             -1.4
Feb           25.8r         -39.2            -11.0    54.6r           1.6            -10.7
Mar           25.4          -44.2             -1.7    52.3          -11.1             -4.2

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

Table 8 (continued)

============================================================================================
           |        TRANSPORT EQUIPMENT            |        FURNITURE AND FIXTURES
Year/Month | Index | Year-on-Year | Month-on-Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates |       | Growth Rates |   Growth Rates
--------------------------------------------------------------------------------------------

2007         102.9            4.0                    151.0            9.7

Jan          100.4            1.4             11.1   157.2           40.6             -3.6
Feb          100.4            4.0             -0.1   166.4           36.0              5.9
Mar          103.3            2.8              2.9   186.0           16.2             11.7
Apr           83.6            9.5            -19.1   145.1            4.5            -22.0
May          101.4            1.5             21.3   142.5           16.2             -1.8
Jun           96.9           -5.0             -4.4   152.3            2.1              6.9
Jul          111.9           12.5             15.4   149.9            8.8             -1.6
Aug          117.3           10.0              4.8   146.3            6.0             -2.4
Sep          112.4            3.3             -4.1   135.6           -1.8             -7.3
Oct          119.9           14.2              6.7   143.8            7.9              6.1
Nov           99.2           -3.3            -17.2   141.9            4.1             -1.3
Dec           88.2           -2.5            -11.2   144.7          -11.2              1.9

2008

Jan           90.9           -9.5              3.2   150.8r          -4.1              4.2
Feb           92.8r          -7.6              2.0   142.1r         -14.6             -5.8
Mar           93.8           -9.3              1.0   132.1          -29.0             -7.1

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

Table 8 (concluded)

====================================================
           |      MISCELLANEOUS MANUFACTURES
Year/Month | Index | Year-on-Year | Month-on-Month
           |       | Growth Rates |   Growth Rates
----------------------------------------------------

2007         132.2            4.8

Jan          102.4            2.5             5.4
Feb          114.4            2.8            11.7
Mar          129.3           -4.1            13.1
Apr          112.3            5.0           -13.2
May          139.1           -0.9            23.8
Jun          142.7           -1.5             2.6
Jul          136.5           -3.7            -4.3
Aug          151.7            6.3            11.1
Sep          144.9            1.0            -4.5
Oct          145.6           12.0             0.5
Nov          139.0           15.4            -4.5
Dec          128.8           32.5            -7.4

2008

Jan          109.2r           6.7           -15.2
Feb          102.7r         -10.2            -6.0
Mar          110.8          -14.3             7.9

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


Note:    r - revised due to updating of data from late responding establishments and revision of industry disaggregation.

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:  May 27, 2008
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