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Factory activity dips in September
The Philippine Star
|October 02, 2025
The Philippine manufacturing sector contracted in September due to weak demand and lower output amid weather disruptions.
In a statement yesterday, S&P Global said the Philippines' manufacturing purchasing managers' index (PMI) dipped to 49.9 in September from 50.8 in August.
This is the first time the PMI reading fell below the 50 no-change threshold after being in expansion mode since April.
A PMI reading of over 50 indicates an increase from the previous month, while below 50 denotes a decline.
Generated from a survey of around 400 manufacturers, the PMI covers the following: new orders, output, employment, suppliers' delivery times and stocks of purchases.
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