FACTORY ACTIVITY in the Philippines unexpectedly contracted for the first time in 19 months in March, as manufacturers cut output amid uncertainty surrounding US tariff policies. The S #38;P Global Philippine Manufacturing Purchasing Managers’ Index (PMI) came in at 49.4, slipping from the 51 reading in February. March marked the first time that PMI, a closely [ ]
Sunday 12 October 2025
bworldonline.com - 6 month ago
Manufacturing PMI contracts for 1st time in 19 months
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