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Philippines Manufacturing PMI Picks Up Steam In July

Por: RTTNews Business August 01, 2023

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The manufacturing sector in the Philippines continued to expand in July, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.9.That's up from 50.9 in June, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.Underpinning the latest uptick in the headline index reading was a quicker rise in new orders. Anecdotal evidence noted that a... + full article



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