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.,...
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 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 manufacturing purchasing...
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...
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...
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...
