FOREX TradingCharts.com
HOMECHARTS & QUOTESFOREX NEWSFOREX QUOTESLEARN FOREXFOREX BROKER LISTBOOKMARKFEEDBACK

Financial News: Philippines Manufacturing Sector Ebbs In February - S&P

Philippines Manufacturing Sector Ebbs In February - S&P Global

02/28/2023 - 20:16:00 (RTTNews)

(RTTNews) - The manufacturing sector in the Philippines continued to expand in February, albeit at a slightly slower rate, the latest survey from S&P Global revealed on Wednesday with a PMI score of 52.7.

That's down from 53.5 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Overall growth in the manufacturing sector was supported by strong, albeit slightly slower, expansions in output and new orders. As per anecdotal evidence, greater demand from customers and a growing clientele helped drive the latest upturns.

Greater production requirements meant that firms also raised their purchasing activity, with input buying increasing for the sixth straight month. Although sharper than the series average, February data signaled a softer rise in acquisitions of raw materials and semi-finished goods.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2023 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


China Industrial Profits Fall Sharply (01 hr(s), 34 min(s), 47 sec(s) ago)
(RTTNews) - The decline in China's industrial profits deepened in the first two months of 2023 ...Full Story»
Japan Leading Index Falls Less Than Estimated (01 hr(s), 42 min(s), 47 sec(s) ago)
(RTTNews) - Japan's leading index decreased slightly less than initially estimated in January, ...Full Story»
European Economic News Preview: Germany Ifo Business Confidence Data Due (02 hr(s), 17 min(s), 47 sec(s) ago)
(RTTNews) - Business confidence from Germany and monetary aggregates from the euro area are the to ...Full Story»
Japan Producer Prices Climb 1.8% On Year In February (04 min(s), 13 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 1.8 percent on year in February, the Bank of Japan sa ...Full Story»
Japan Producer Price Data Due On Monday (47 min(s), 13 sec(s) ago)
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a ligh ...Full Story»
Denmark Economic Sentiment Rises Further (32 min(s), 13 sec(s) ago)
(RTTNews) - Denmark's economic sentiment rose for a third month in a row in March, figures fro ...Full Story»
U.S. Durable Goods Orders Unexpectedly Slump As Aircraft Demand Extends Nosedive (04 min(s), 13 sec(s) ago)
(RTTNews) - Reflecting a continued slump in orders for transportation equipment, the Commerce Depa ...Full Story»
Spain Q4 GDP Growth Unrevised At 0.2% (59 min(s), 13 sec(s) ago)
(RTTNews) - Spain's economy expanded at a stable pace as initially estimated in the final quar ...Full Story»
Search

INTERNATIONAL FINANCIAL NEWS

China Industrial Profits Fall Sharply

03/27/2023 - 02:31 AM (RTTNews)
(RTTNews) - The decline in China's industrial profits deepened in the first two months of 2023 ...Full Story>>

Japan Leading Index Falls Less Than Estimated

03/27/2023 - 02:23 AM (RTTNews)
(RTTNews) - Japan's leading index decreased slightly less than initially estimated in January, ...Full Story>>

European Economic News Preview: Germany Ifo Business Confidence Data Due

03/27/2023 - 01:48 AM (RTTNews)
(RTTNews) - Business confidence from Germany and monetary aggregates from the euro area are the to ...Full Story>>

Japan Producer Prices Climb 1.8% On Year In February

03/26/2023 - 20:10 PM (RTTNews)
(RTTNews) - Producer prices in Japan were up 1.8 percent on year in February, the Bank of Japan sa ...Full Story>>

Japan Producer Price Data Due On Monday

03/26/2023 - 17:53 PM (RTTNews)
(RTTNews) - Japan will on Monday release February figures for producer prices, highlighting a ligh ...Full Story>>
USDCAD
Economic CalendarForex GlossaryForeign Exchange RatesForex Currency TradingForex ChartsPrivacy Policy Translate AdvertiseContact Us

Do not sell my personal information

Copyright © 2023. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.