PH manufacturing contracts in Aug

By Anna Leah E. Gonzales

Sep 01, 2021 12:28 pm

THE country's manufacturing sector contracted in August as stricter quarantine measures forced factories and businesses to close, the IHS Markit said.

Results of the latest IHS Markit survey released on Wednesday showed that the Philippine manufacturing purchasing managers (PMI) fell sharply from 50.4 in July to 46.4 in August.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China's biggest ship sails into PH waters

Panelo hits Sara's removal from NSC

Dire warnings issued over shear line

South Korea in political crisis after president resists arrest

Court says 'vague' search warrants invalid

Chinese Embassy mum on found drone

Go pushes for stronger measures to protect OFWs