By Aubrey Rose A. Inosante, Reporter
PHILIPPINE MANUFACTURING activity in February expanded at its slowest pace in 11 months amid softer growth in orders and output, data from S&P Global showed.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) stood at 51 in February, easing from the 52.3 in January.
This was the lowest PMI reading in 11 months or since the 50.9 reading in March 2024. February also marked the second straight month of slowing growth.
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