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Philippine May factory activity growth slows

2 June 2025
in Business
Reading Time: 4 mins read
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Philippine May factory activity growth slows
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By Aubrey Rose A. Inosante, Reporter

GROWTH in Philippine manufacturing activity slowed in May due to declining output and weaker demand from foreign markets amid global trade tensions.

The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI), which measures the country’s monthly factory performance, settled at 50.1, slipping from 53 in April.

This was the lowest index since the 49.4 contraction in March.

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