PH manufacturing growth slows

Philippine manufacturing growth slowed markedly in July, global research firm IHS Markit said on Wednesday as it released the results of the latest Nikkei Philippines Puchasing Managers Index (PMI).

The latest reading of 50.9 ­—down from 52.9 a month earlier — “was the lowest for five months and represented only a marginal improvement in the health of the sector,” IHS Markit said.