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Manufacturing output slips anew in February
The Philippine Star
|March 05, 2025
The Philippine manufacturing sector expanded at its slowest pace in 11 months as growth in new orders and output softened.
S&P Global said in a statement that the Philippines' purchasing managers' index (PMI) went down for the second straight month to 51 in February from 52.3 in January.
The PMI, a gauge of manufacturing performance, is based on a survey of around 400 manufacturers and considers the following: new orders, output, employment, suppliers' delivery times and stocks of purchases.
A reading over 50 means an overall increase compared to the previous month, while below 50 indicates a decline.
Diese Geschichte stammt aus der March 05, 2025-Ausgabe von The Philippine Star.
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