Value of Production Index (VaPI) of the manufacturing industry expanded moderately at 6.3 percent in November 2012, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI).

Value of Production Index (VaPI) of the manufacturing industry recorded a year-on-year growth of 6.7 percent in September 2012, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Five major sectors accounted for the significant growth in production, namely: machinery except electrical (28.0%), transport equipment (27.5%), footwear and wearing apparel (24.5%), food manufacturing (20.7%) and basic metals (12.4%).

Value of Production Index (VaPI) for total manufacturing industry increased at a slower rate of 4.6 percent compared with the year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). This may be attributed to the slowdown in the annual growth production in machinery except electrical (4.4%) and chemical products (0.1%). While the major contributing sectors with significant increases in production value were: leather products (89.9%), footwear and wearing apparel (75.8%), furniture and fixtures (43.9%), transport equipment (24.2%), beverages (21.8%), food manufacturing (19.1%), fabricated metal products (14.5%), wood and wood products (13.7%) and textiles (13.6%) .