Manufacturing index fell in August
September 4, 2023
New factory orders fell and output growth cooled in August 2023, based on the latest S&P Global Philippine Purchasing Managers’ Index. S&P Global said for the first time in two years, the headline PMI—a composite single-figure indicator of manufacturing performance—posted below the neutral 50.0 threshold, indicative of a deterioration in the health of the Filipino […]
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