Philippine Manufacturing Booms: PMI Hits Near 10-Year High in August
Business

Philippine Manufacturing Booms: PMI Hits Near 10-Year High in August

Philippine manufacturing activity experienced significant growth in August, reaching its strongest pace in nearly a decade since December 2016. The Purchasing Managers' Index (PMI) rose to 54.9, driven by robust increases in output, new orders, and employment, according to S&P Global.

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