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Philippine factory output slows in September as inflation bites

MANILA, Philippines — Local factories crumbled under the weight of inflation in September as production slowed down amid rising input prices.  Results of the Philippine Statistics Authority’s monthly survey of selected industries revealed the volume of production index (VoPI), a measure of manufacturing output, rose 2.4% year-on-year in September, lower compared to the 4.4% expansion recorded […]

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