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 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...
Trade and Industry (DTI) Secretary Ramon M. Lopez said the decline in the country’s Purchasing Managers’ Index (PMI) or factory output in October as “marginal” saying the economy is just on a temporary pause. “The slight decline in the Philippine manufacturing PMI merely reflects a pause...