BusinessWorld E-paper
February 03, 2022
PHILIPPINE MANUFACTURING GROWTH lost steam in January, as the impact of Typhoon Odette and the surge in coronavirus disease 2019 (COVID-19) infections hampered demand and production, IHS Markit said on Wednesday.
The IHS Markit Philippines Manufacturing Purchasing Managers’ Index (PMI) reading slipped to 50 in January, from 51.8 in December 2021, ending four straight months of growth.
