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Factory output fell in Jan. —IHS Markit
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...
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Factories post slight expansion in July
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...
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