Read this in The Manila Times digital edition.
DOMESTIC manufacturing conditions deteriorated in March with the Philippines purchasing managers' index (PMI) contracting for the first time in 19 months, S&P Global reported on Wednesday.
The headline PMI fell for a third straight month to 49.4 in March, down from 51.0 a month earlier and edging below the 50.0 threshold that separates growth from a decline.
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