MANILA, Philippines (Xinhua) — The country’s manufacturing sector slowed down with January’s factory output declining by 19.9 percent on year, the National Statistics Office said today.
The NSO reported sharp declines in all major manufacturing sectors. Production of petroleum products, basic metals, furniture, paper, electrical machinery, apparel and chemical products all posted a double-digit drop in production as compared to last year’s output. Only rubber, plastic and non-metallic mineral products registered a slight increase in production.
Most of the manufacturing firms surveyed by the NSO operated below its full capacity. Average capacity utilization in January 2009 for total manufacturing was estimated at 77.5 percent. Of the 300 companies surveyed, only 11.9 percent of the respondents were operating at a full 90- to 100-percent capacity utilization rate.
The downtrend in the Philippine manufacturing sector reflects the waning consumer demand owing to the global economic crisis. Analysts said manufacturers are cutting output in line with reduced demand.
The NSO said the volume of net sales index in January fell 17.7 percent on year. Textiles and furniture registered the biggest decline at over 40 percent.
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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