PH manufacturing growth slips in Aug

By Anna Leah E. Gonzales

Sep 03, 2019 12:24 am

A decrease in new orders led the Philippine manufacturing sector to grow only slightly last month, an IHS Markit poll has found.

Results of the survey released on Monday showed that the seasonally adjusted Purchasing Managers’ Index (PMI) for the country slid to 51.9 in August from 52.1 in July, which IHS Markit described as a “modest improvement.”

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