Philippines manufacturing PMI up 50.8%

Source：Ringier Metalworking Release Date：2018-03-05 183

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The manufacturing sector in the Philippines continued to expand in February, the latest survey from Nikkei revealed with a manufacturing PMI score of 50.8.  

That's down from 51.7 in January, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there were faster rises in output and new orders, but employment dropped for the first time since September.

Both input and selling prices advanced at survey record rates.

Source: Nikkei

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