Feb factory output growth highest in five months on strong demand

MANILA, Philippines — Local factory output posted its best expansion in five months in February on the back of resurgent demand for Filipino-made products, although headwinds are likely ahead. A monthly survey of selected industries showed the volume of production index (VoPI)—a measure of manufacturing output—expanded 8.9 percent year-on-year in February, faster than the 6.2-percent
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