BusinessWorld E-paper
March 02, 2023
PHILIPPINE FACTORY activity grew at a slower pace in February, as stubbornly high costs and supply chain challenges weighed on the sector, S&P Global said.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) reading stood at 52.7 in February, down from 53.5 in January, which “signaled
the softest improvement in operating conditions in three months.”
