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Philippine factory output deteriorates in September

The Freeman

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October 02, 2025

Factory activity in the Philippines contracted for the first time in six months in September, as manufacturers saw a drop in output and new orders, S&P Global said on ‘Wednesday.

The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) stood at 49.9 in September, from 50.8 in August.

A PMI reading below 50 shows a deterioration in operating conditions from the preceding month, while a reading above 50 denotes better operating conditions.

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