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Philippine Manufacturing Surges 5.6 percentMANILA, Philippines The Philippine manufacturing sector grew by 5.6%, exceeding forecasts, according to Philippine Socio-Economic Planning Secretary Augusto Santos. The growth was led by furniture and fixtures and petroleum products. Manufacturing output by volume grew at least 4 percent in the last quarter, according to the National Statistics Office. In terms of value, manufacturing output was up 14 percent and net sales grew 8 percent in the last quarter. Overall, net sales by volume increased 2 percent in the same period. 2/2/2006
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