PH PMI down to 50.8 in July

PH PMI down to 50.8 in July – S&P

By Ed Paolo Salting

Aug 02, 2022 12:47 am

FINANCIAL information and analytics company S&P Global said the Philippines manufacturing purchasing managers' index fell from 53.8 in June to 50.8 in July.

Operating conditions improved during July across the Philippines manufacturing sector. However, the rate of growth was only slight and, with the exception of January's stagnation, it was the weakest in 11 months.

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