Factory Output and Value Rise in June

Factory output, as measured by the Volume of Production Index (VoPI), rose 8.5 percent in June, reversing a 1.7 decline in the same period last year. Production value, or the Value of Production Index (VaPI), also increased by 4.7 percent in June, reversing a 7.9 percent contraction in June 2015. Average capacity rate was at 83.5 percent, led by production facilities of basic metals at 88.7 percent…

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