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Factory activity eases in March

The Philippine Star

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April 02, 2024

The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages.

- LOUELLA DESIDERIO

A purchasing managers' index (PMI) reading above 50 means an overall increase compared to the previous month, while below 50 denotes a contraction.

Generated from a survey of around 400 manufacturers, the Philippines manufacturing PMI considers the following: new orders, output, employment, suppliers' delivery times and stocks of purchases.

The Philippine Star

यह कहानी The Philippine Star के April 02, 2024 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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