11 February 2015

Government to spend P162.1 million for industry surveys this year

The national government will be spending P162.1 million to conduct three industry surveys this year, according to the Philippine Statistics Authority (PSA).
The PSA said the industry survey that will take the lion’s share of the amount is the 2014 Annual Survey of Philippine Business and Industry (ASPBI) which will require P149.3 million to conduct.  The government said the cost for the ASPBI translates to a spending of P4,976.67 per establishment to be surveyed.
“[The cost will] cover expenses for training, field operations and data processing, as well as printing of questionnaires, publications and other survey materials,” the PSA said.
The ASPBI is a regular survey designated to be conducted on a yearly basis, except during the years when the Census of Philippine Business and Industry (CPBI) is conducted. The CPBI is conducted every 10 years.
The ASPBI said the survey will be undertaken from April to May 2015, covering 30,000 business establishments engaged in various economic activities.
These economic activities include agriculture forestry and fishing; manufacturing, mining and quarrying; electricity, gas, steam and air-conditioning supply; and construction, among others.
“Press releases of the results and tables of the ASPBI shall be issued by the PSA during the period February 2016 to June 2016,” the PSA said.
Meanwhile, the other two surveys are the 2015 Monthly Integrated Survey of Selected Industries (Missi) costing P9.1 million and the 2015 Producer Price Survey (PPS) worth P3.7 million. The Missi is a regular survey conducted every month to provide planners and policy-makers in both public and private sectors with timely flash indicators on the performance of growth-oriented industries in the manufacturing sector.
These indicators include the Value of Production Index, Volume of Production Index, growth rates of value and volume of net sales, and average capacity utilization rate.
The Missi collects data on employment, compensation, value of production, revenue/sales, inventories and capacity utilization of the establishment.
The conduct of the 2015 Missi covers 1,100 establishments with total employment size of 20 and over. Data collection will be employed every 10th to 20th day of each month after the reference month.
The PPS, on the other hand, is also a survey conducted monthly to collect producer price data of manufactured commodities for the generation of the Producer Price Index, which measures the average monthly and yearly changes in the prices received by domestic producers in the manufacturing industry.
The survey will be administered to 1,100 establishments with recorded total employment size of 20 and over.  PPS questionnaires are distributed to establishments every 10th to 25th of each month after the reference month.
Press releases on the PPI are scheduled to be published every 35th day after the reference month. An annual publication containing results of the MISSI and PPS will be issued on September 2016.
source:  Business Mirror

No comments:

Post a Comment