Philippine factory growth contracted for the first time since August 2023—also the steepest decline in nearly four years—due to the worsening health of domestic manufacturing since the start of the year."Following 18 successive months of growth, the Filipino manufacturing sector slipped back...
After a six-month low in factory output expansion, S&P Global projected that the upcoming local elections will boost manufacturing activity, leading to stronger growth this year than in 2024.Data from the latest S&P Global's Purchasing Managers' Index (PMI), released on Feb 2., revealed...
Philippine manufacturing activity surged to a two-and-a-half-year high in December last year, bolstered by strong holiday demand and lower borrowing costs.The headline S&P Global Philippines manufacturing purchasing managers' index (PMI) rose to 54.3 in December, marking the 16th consecutive...
The country's manufacturing sector continued its robust expansion in September, posting the strongest growth in two years despite headwinds such as weakening international demand and supply chain disruptions.According to S&P Global, this growth was mainly driven by a significant increase in...
Manufacturing activity in the country remained stable in August, as sluggish international sales hindered growth in output and new orders, according to S&P Global's report on Monday, Sept. 2.The latest S&P Global Philippines Manufacturing Purchasing Managers' Index (PMI), which measures...
Local factory activity further slowed down in June amid a softer uptick in factory orders and a second consecutive drop in employment, S&P Global reported.The Philippines' S&P Global Manufacturing Purchasing Managers' Index (PMI)—a comprehensive gauge of the industry's...
Factory activity showed strong gains at the beginning of the year as firms raised their production levels and sharply bumped-up their buying activity due to strong and accelerated upturn in new orders, the latest survey from S&P Global revealed.
The Philippines' S&P Global...
Local factory activity ended on a positive note last year as both production and new orders expanded for the fourth consecutive month in December along with the marginal upturn in employment, the latest survey from S&P Global revealed.
The Philippines' S&P Global...
Filipino manufacturers registered a sustained improvement in operating conditions across the sector in November due to strong demand despite higher consumer prices, the latest survey from S&P Global revealed.
On Thursday, Dec. 1, S&P Global said the Philippines manufacturing purchasing...
The local manufacturing sector registered a further improvement in operating conditions in May as both output and new orders grew at solid rates, the latest survey from S&P Global showed on Wednesday, June 1.
The S&P Global Philippines Manufacturing Purchasing Managers' Index (PMI)...
The local manufacturing sector saw the strongest improvement in operating conditions for more than four years in April, a report by S&P Global Ratings revealed.
S & P Global report released on Monday, May 2, showed the Philippine purchasing managers' index reached a reading of 53.3...
Local manufacturers have raised output for the second successive month in March as businesses continued their recovery efforts from the Covid-19 pandemic, the latest survey from S&P Global showed.
In a report Friday, April 1, the S&P Global Philippines Manufacturing Purchasing...