Philippine Manufacturing PMI Falls to 49.1 in October

Data released on 3 November showed the manufacturing Purchasing Managers’ Index declined to 49.1 in October from 49.6 in September, indicating a second consecutive month of contraction. Weak demand and falling new orders affected production activity, while manufacturers remained cautious about purchasing and hiring. HPC can support supply-chain assessments, operational improvement, procurement planning and industrial market research.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.