PH Manufacturing Growth Decelerates in May Amidst Slower Output in Key Sectors
Business

PH Manufacturing Growth Decelerates in May Amidst Slower Output in Key Sectors

Philippine manufacturing saw slower growth in May, with the volume of production index (VoPI) rising 10.2%, down from 11.7% in April, according to PSA data. Decelerations in transport equipment, food, and chemicals production were key factors.

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