PH manufacturing sector rebounds in June

by Anna Leah E. Gonzales

Jul 01, 2021 9:57 am

FILIPINO manufacturers reported a rebound in operating conditions in June, led by softer declines in output, new orders, employment, as well as a renewed expansion in pre-production inventories, results of the latest IHS Markit survey revealed.

In a report on Thursday, IHS Markit said that after two consecutive months of decline, the purchasing managers index (PMI) went up to 50.8 in June from 49.9 in May.

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