Operating conditions in the local manufacturing sector strengthened moderately in December, supported by the first monthly expansion in output for nine months, the IHS Markit reported. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) rose fractionally to 51.8 last month...
The Philippine manufacturing sector last month recorded the strongest expansion in seven-months despite substantial production delays due to raw material shortages and poor transportation conditions, according to the latest IHS Markit data. The IHS Markit reported on Tuesday, Nov. 2, that the...
After a tough trading period in August, the local manufacturing sector concluded the third-quarter with a renewed overall expansion, the latest monthly survey of IHS Markit revealed on Friday, Oct. 1. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) rose sharply from 46.4...
Local manufacturers registered a slight expansion in operating conditions in July as the prolonged coronavirus pandemic continued to drag down domestic demand and production levels, the latest IHS Markit survey showed. IHS Markit Philippines Manufacturing Purchasing Managers’ Index settled at...
Local manufacturers signalled a rebound in operating conditions at the end of the second quarter following two consecutive months of contraction, the latest IHS Markit survey showed. IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) has slightly rose from 49.9 in May to 50.8...
The Philippine manufacturing activity registered a modest expansion in March due to a marginal rise in production volumes, the latest monthly survey of IHS Markit revealed on Monday, April 5. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) was...
Trade and Industry Secretary Ramon Lopez said the latest manufacturing index bodes well for the economy as he cited efforts in the cold chain and copper industries development as crucial pillars that will strengthen the country’s supply value chain. The Philippine Manufacturing Purchasing...
