The Philippines Manufacturing Purchasing Managers’ Index (PMI) fell to 50.0 in January this year from 51.8 in the last month of 2021 as the local manufacturing sector struggled due to repercussions of typhoon Odette, paired with stricter movement controls amid rising coronavirus cases, the IHS...
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 factory output slid to a 15-month low in August following the reimposition of the strictest community quarantine, the latest monthly survey conducted by IHS Markit revealed. Philippines Manufacturing PMI The IHS Markit Philippines Manufacturing PMI fell sharply from 50.4 in July to 46.4 las...
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 Department of Trade and Industry (DTI) said that the rebound in domestic manufacturing output points towards industry stabilization in the months ahead with the massive vaccination program and easing of quarantine measures. In a statement, DTI Secretary and Board of Investments Chairman Ramon...
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 M. Lopez expressed confidence of strong rebound in the country’s manufacturing output in the coming months. Lopez said following a sustained growth in the Philippine manufacturing out in February, according to a survey conducted by IHS Markit. ...
Manufacturing activity worsened in the final month of last year as ongoing movement restrictions coupled with inclement weather dampened both demand and output, the latest monthly survey of IHS Markit revealed. The Philippines Purchasing Managers' Index (PMI) posted its third straight month of...
The Philippines’ manufacturing activity contracted anew in October as operating conditions across manufacturing companies worsened as the economic fallout from the coronavirus disease (COVID-19) pandemic persisted. After breaching the 50-neutral mark for the first time in seven...
