By Aubrey Rose A. Inosante, Reporter
PHILIPPINE factory activity ended 2024 on a high as December growth was the fastest since November 2017, driven by an increase in production and new orders, S&P Global said on Thursday.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) rose to 54.3 in December from 53.8 in the previous month.
This matched the April 2022 print and was the strongest improvement in operating conditions since the 54.8 reading in November 2017.
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