Table 10 Volume of Net Sales Index (VoNSI), Year-on-Year and Month-on-Month Growth Rates for Manufacturing Sector
         January 2007 - February 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                   83.7            -3.8                         87.6           -20.0

Jan                    82.0r           -1.5            -4.6         87.2           -24.3            -5.0
Feb                    73.9r          -10.1            -9.9         78.1           -12.8           -10.5
Mar                    87.0r           -3.6            17.7         92.6            -6.1            18.5
Apr                    77.7r           -8.0           -10.6         82.9           -10.2           -10.4
May                    83.3r           -7.7             7.1         87.7r          -11.9             5.7
Jun                    85.2r           -4.4             2.3         89.1r           -9.7             1.6
Jul                    83.3r           -4.5            -2.2         87.7r           -9.9            -1.6
Aug                    82.6r           -6.8            -0.8         86.2r          -11.3            -1.7
Sep                    85.0r           -0.9             2.9         88.8r           -4.7             3.0
Oct                    88.1r           -0.8             3.6         91.1r           -4.7             2.5
Nov                    84.3r           -4.3            -4.3         86.2            -8.7            -5.3
Dec                    92.0r            6.9             9.1         93.3r            1.7             8.2

2008

Jan                    83.0             1.2            -9.7         82.3            -5.6           -11.8
Feb                    82.1            11.1            -1.1         81.7             4.7            -0.7

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

Table 10 (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                   96.2            10.2                         40.7             1.9

Jan                    78.5r           -0.7           -22.8         32.1r          -28.3           -32.6
Feb                    78.1r          -15.2            -0.5         32.7r           -3.0             1.6
Mar                    92.5r           -7.4            18.5         41.8r            1.5            27.9
Apr                    88.7r            2.3            -4.1         38.0r            2.2            -9.0
May                   100.2r           14.7            13.0         45.8r           16.0            20.6
Jun                   103.8r           14.5             3.6         46.1r           24.0             0.6
Jul                    92.5r           30.6           -10.9         44.6r           17.5            -3.3
Aug                    91.9r           15.7            -0.6         45.7r           16.9             2.6
Sep                   100.7r           10.6             9.6         41.8r            1.8            -8.5
Oct                    99.5r           15.5            -1.2         44.3r            7.0             5.9
Nov                    95.5r           14.4            -4.0         40.2r            4.6            -9.3
Dec                   133.1r           31.1            39.4         34.9r          -26.8           -13.1

2008

Jan                    95.6            21.8           -28.2         51.6            60.5            47.7
Feb                    94.6            21.2            -1.0         38.3            17.3           -25.8

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

Table 10 (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                   59.0           -27.7                         33.1           -12.1

Jan                    64.4           -12.3             5.4         58.0r           89.8            38.7
Feb                    65.8           -29.9             2.2         33.0r           -5.7           -43.2
Mar                    65.9           -28.5             0.2         30.4r          -28.3            -7.9
Apr                    59.9           -24.9            -9.1         26.9r          -27.3           -11.5
May                    62.6           -29.9             4.5         28.2r          -29.9             4.7
Jun                    57.4           -36.0            -8.3         31.7r          -22.9            12.4
Jul                    60.0           -22.8             4.6         31.0r          -16.1            -2.2
Aug                    60.2           -21.9             0.3         31.1r          -25.7             0.5
Sep                    52.3           -35.3           -13.2         31.2r          -14.9             0.1
Oct                    63.9r          -10.9            22.3         33.9r          -10.2             8.7
Nov                    48.2r          -28.8           -24.6         31.3r           -7.6            -7.5
Dec                    47.5r          -22.2            -1.4         31.0r          -25.9            -1.1

2008

Jan                    53.7           -16.6            12.9         26.6           -54.2           -14.4
Feb                    50.5           -23.1            -5.8         31.0            -6.0            16.8

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

Table 10 (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                    4.8            -8.4                         82.6             3.0

Jan                     4.5r          -20.1            -9.1         71.2r            0.6           -21.2
Feb                     4.5r          -15.6            -0.4         71.0r            9.5            -0.2
Mar                     5.0r            3.4            11.5         67.0r          -20.0            -5.7
Apr                     3.7r          -31.4           -25.6         74.5r           -0.4            11.2
May                     4.4r          -22.2            18.2         75.6r           -6.3             1.5
Jun                     4.3r          -24.2            -2.2         84.3r           15.6            11.6
Jul                     5.0r          -16.6            14.6         94.7r           11.5            12.3
Aug                     4.6r            4.8            -7.6         93.8r            5.8            -0.9
Sep                     5.6r           12.9            21.9         89.7r            3.1            -4.4
Oct                     5.2r           -0.1            -6.8         93.8r           18.0             4.6
Nov                     5.2r           20.5            -0.7         81.9r           16.0           -12.7
Dec                     5.2r            3.4            -0.3         93.9r            4.0            14.6

2008

Jan                     5.3            16.2             2.2         78.6            10.4           -16.3
Feb                     5.1            12.8            -3.3         78.1            10.0            -0.6

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

Table 10 (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                   72.6            -0.6                         59.7           -10.2

Jan                    74.1r           -5.7            17.9         53.7r           -7.2           -26.6
Feb                    72.2r            0.1            -2.6         51.9r           -7.9            -3.2
Mar                    74.0r            0.3             2.5         53.7r          -16.0             3.4
Apr                    72.3r            8.0            -2.3         52.7r           -5.4            -1.8
May                    67.1r           -8.0            -7.1         63.1r          -12.1            19.8
Jun                    73.4r          -11.8             9.3         58.1r           -9.4            -7.9
Jul                    68.8r          -10.5            -6.2         61.9r           -8.5             6.5
Aug                    70.8r           -1.1             2.9         67.0r          -11.2             8.2
Sep                    78.4r            9.2            10.7         66.9r            4.0            -0.2
Oct                    79.8r           11.6             1.9         77.1r            5.5            15.3
Nov                    73.3r           -2.6            -8.2         51.4r          -30.8           -33.4
Dec                    66.8r            6.3            -8.9         58.6r          -19.9            14.0

2008

Jan                    79.0             6.7            18.3         51.2            -4.5           -12.5
Feb                    66.0            -8.5           -16.5         43.2           -16.7           -15.6

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

Table 10 (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                   78.9             1.7                           92.1             5.3

Jan                    76.1           -12.8             2.6           80.9r            0.1           -12.5
Feb                    68.4           -12.4           -10.1           82.9r            5.3             2.5
Mar                    77.1             7.8            12.7           93.4r            3.1            12.7
Apr                    78.6             0.3             2.0           86.8r            0.1            -7.0
May                    82.1             5.9             4.4           95.7r           11.9            10.3
Jun                    84.7            10.9             3.2          104.3r           14.7             8.9
Jul                    83.2             9.5            -1.8           89.8r           -2.2           -13.9
Aug                    77.4             1.5            -7.0           92.4r           11.5             2.9
Sep                    74.8            -6.9            -3.3           94.4r           10.2             2.2
Oct                    81.1             5.6             8.5           92.5r           -3.1            -2.1
Nov                    77.4             3.3            -4.6           91.0r            3.7            -1.6
Dec                    85.4r           15.2            10.4          100.7r            9.0            10.7

2008

Jan                    77.0             1.2            -9.8
Feb                    83.0            21.4             7.9

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

Table 10 (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                  109.2             5.9                           70.1            15.1

Jan                    91.7             1.7           -18.4           66.0            -5.7            31.5
Feb                   101.4            17.6            10.6           69.5             2.5             5.3
Mar                   111.6            13.4            10.0           74.1            32.6             6.7
Apr                   103.6             5.9            -7.2           68.8            31.7            -7.1
May                   110.6            11.5             6.7           72.4            20.2             5.2
Jun                   127.1            22.9            15.0           74.7            24.3             3.2
Jul                   104.6            -1.5           -17.7           75.4            28.8             0.9
Aug                   109.2            16.1             4.4           70.3            14.8            -6.8
Sep                   114.0            14.1             4.4           67.8            -1.8            -3.5
Oct                   108.8            -4.9            -4.6           71.6            14.2             5.5
Nov                   107.8             1.7            -0.9           65.0             3.9            -9.1
Dec                   120.1r            6.9            11.4           65.0r           29.6             0.0

2008

Jan                    99.8             8.8           -16.9           66.9             1.4             2.8
Feb                   103.5             2.1             3.8           69.2            -0.5             3.4

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

Table 10 (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                   83.4             1.3                         62.4             5.6

Jan                    76.0             2.6            -3.8         70.4r            6.8            22.0
Feb                    83.7            22.8            10.2         57.8r            9.6           -17.8
Mar                    97.5             8.4            16.4         52.9r          -21.2            -8.5
Apr                    85.7             9.7           -12.2         46.3r           -1.1           -12.5
May                    90.7            -1.4             5.8         62.8r            4.0            35.7
Jun                    88.8            -4.3            -2.1         59.4r          -15.8            -5.4
Jul                    84.3            -6.2            -5.1         61.6r           51.4             3.6
Aug                    79.7r          -16.7            -5.4         51.0r           -9.0           -17.2
Sep                    82.4r           17.0             3.4         54.7r          -17.8             7.4
Oct                    80.4r           -1.8            -2.4         73.3r           14.9            33.8
Nov                    74.5r           -8.6            -7.4         90.0r           48.7            22.9
Dec                    76.8r           -2.7             3.1         68.2r           18.2           -24.2

2008

Jan                    84.3            11.0             9.8         74.5             5.9             9.2
Feb                    86.0             2.6             1.9         81.8            41.3             9.7

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

Table 10 (continued)

=========================================================================================================
                  |                 CEMENT g/                  |  MISC. NON-METALLIC MINERAL 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                  127.2             7.1                         29.8           -25.8

Jan                   111.8r            5.6            -7.9         25.1r           -9.8            -0.2
Feb                   131.3r           34.5            17.5         28.2r           -7.6            12.2
Mar                   156.3r           15.6            19.0         36.4r           12.2            29.4
Apr                   138.9r           16.7           -11.1         30.5r           -8.7           -16.4
May                   140.3r            2.6             1.0         30.7r          -25.0             0.7
Jun                   133.6r           -1.2            -4.8         36.1r           -7.1            17.6
Jul                   129.8r           21.7            -2.9         27.3r          -70.1           -24.2
Aug                   123.7r            5.7            -4.6         32.7r          -61.3            19.5
Sep                   125.8r            9.6             1.7         34.4r          645.7             5.2
Oct                   114.7r           -3.1            -8.8         32.7r           -5.6            -5.0
Nov                   102.1r          -13.0           -11.0         24.6r          -33.8           -24.8
Dec                   118.5r           -2.4            16.0         18.7r          -25.6           -23.8

2008

Jan                   130.3            16.6            10.0         24.3            -3.3            29.7
Feb                   128.2            -2.4            -1.6         27.8            -1.5            14.3

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

Table 10 (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                  140.7           -26.3                        118.1           -21.4

Jan                   150.2            16.9             4.3        123.7r           25.1            30.3
Feb                   131.7           -15.6           -12.3        112.8r          -11.8            -8.8
Mar                   200.3            14.0            52.0        181.5r           24.4            61.0
Apr                   121.8           -25.5           -39.2         91.3r          -26.1           -49.7
May                   155.3           -35.7            27.5        135.2r          -33.6            48.1
Jun                   135.4           -41.0           -12.8        128.6r          -33.6            -4.9
Jul                   138.0           -44.7             1.9        105.2r          -48.0           -18.2
Aug                   131.6           -44.6            -4.6        105.1r          -49.2            -0.1
Sep                   142.0           -18.4             7.9        123.9r           -8.2            17.9
Oct                   130.7           -29.1            -8.0        108.0r          -17.7           -12.8
Nov                   110.7r          -39.2           -15.3         95.3r          -31.1           -11.8
Dec                   141.0r           -2.1            27.4        106.8r           12.5            12.0

2008

Jan                   129.9           -13.6            -7.9        114.2            -7.7             6.9
Feb                   135.3             2.7             4.2        114.5             1.5             0.3

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

Table 10 (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                  197.3           -32.3                        118.7             5.0

Jan                   216.9r            3.7           -24.2         96.2r          -15.5            -2.1
Feb                   175.6r          -22.7           -19.0        121.5r           14.8            26.4
Mar                   236.7r           -4.5            34.8        124.1r            1.7             2.1
Apr                   205.7r          -24.9           -13.1        115.3r           11.2            -7.1
May                   203.6r          -39.5            -1.0        125.6r            8.9             9.0
Jun                   142.9r          -54.7           -29.8        121.2r            6.8            -3.5
Jul                   228.1r          -38.6            59.5        120.3r           -0.8            -0.8
Aug                   202.0r          -33.6           -11.4        127.7r            5.2             6.2
Sep                   184.6r          -34.1            -8.6        114.1r            3.6           -10.7
Oct                   189.2r          -43.7             2.5        128.3r           17.8            12.5
Nov                   147.4r          -51.2           -22.1        127.9r           -1.2            -0.3
Dec                   234.6r          -18.0            59.1        102.8r            4.7           -19.6

2008

Jan                   167.7           -22.7           -28.5        118.1            22.8            14.9
Feb                   188.8             7.5            12.6        107.2           -11.8            -9.2

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

Table 10 (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                   43.5            -7.6                         59.0            -0.7

Jan                    39.8r          -25.0             9.9         56.2            -2.0            -4.7
Feb                    38.7r          -20.6            -2.7         52.1            -7.4            -7.3
Mar                    43.6r          -18.6            12.6         58.6            -8.8            12.5
Apr                    40.5r          -13.5            -7.0         59.4            -2.7             1.3
May                    42.9r          -14.1             5.8         57.6            -6.4            -3.0
Jun                    43.7r           -6.2             2.1         59.6            -7.8             3.5
Jul                    44.7r          -13.2             2.3         59.0             0.0            -1.1
Aug                    42.6r          -10.5            -4.7         58.2            -9.0            -1.4
Sep                    43.1r            1.5             1.1         65.2r           -0.3            12.2
Oct                    49.1r           17.3            14.0         64.2r           -4.7            -1.6
Nov                    45.9r           10.6            -6.6         58.7r           -6.4            -8.6
Dec                    47.6r           31.5             3.7         58.8r           -0.2             0.2

2008

Jan                    45.1            13.3            -5.3         52.5            -6.5           -10.7
Feb                    44.4            14.7            -1.5         48.8            -6.4            -7.2

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

Table 10 (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                  112.8            12.3                        111.3            13.6

Jan                    98.5r           -9.9            -7.5         98.3r            1.1            -9.0
Feb                   102.1r            3.9             3.6        106.2r           10.4             8.1
Mar                   112.6r           12.6            10.3        132.1r           -2.4            24.4
Apr                    90.1r           13.6           -19.9         98.9r            0.4           -25.1
May                   106.2r           11.2            17.8        103.2r           10.6             4.4
Jun                   104.7r           11.3            -1.5        109.3r            3.5             5.9
Jul                   113.9r           16.1             8.9        131.6r           37.1            20.4
Aug                   117.3r           15.7             3.0        110.3r           12.5           -16.2
Sep                   126.8r           16.8             8.1        115.8r           10.3             5.0
Oct                   135.7r           24.2             7.0        111.6r           32.0            -3.7
Nov                   120.7r           13.7           -11.0         99.9r           71.8           -10.5
Dec                   125.4r           17.8             3.8        118.5r            9.7            18.6

2008

Jan                   111.8            13.5           -10.8        106.2             8.0           -10.4
Feb                   110.7             8.5            -1.0        119.0            12.0            12.0

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

Table 10 (concluded)

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

2007                  123.1            13.2

Jan                    94.4r           25.5            -4.7
Feb                    86.4r          -13.2            -8.5
Mar                   132.1r           -3.6            52.9
Apr                   107.0r            7.6           -19.0
May                   123.8r            8.4            15.7
Jun                   145.0r           20.5            17.1
Jul                   133.6r           14.2            -7.9
Aug                   127.9r           15.5            -4.3
Sep                   133.0r           14.2             4.0
Oct                   137.3r           22.3             3.2
Nov                   120.0r           14.4           -12.6
Dec                   136.3r           37.6            13.6

2008

Jan                   117.8            24.8           -13.6
Feb                   111.8            29.5            -5.1

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

Note:  r - revised due to updating of data from late responding establishments and 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:  July 22, 2008
Related press release | Manufacturing statistics index