Financial News: Philippines Manufacturing Sector Moves To Expansion

Philippines Manufacturing Sector Moves To Expansion - S&P Global

05/01/2025 - 20:48:00 (RTTNews)

(RTTNews) - The manufacturing sector in the Philippines climbed back up into expansion territory in April, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 53.0.

That's up from 49.4 in March, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

The fresh upturn in the health of the sector was supported by renewed expansions in the two largest components of the headline index, new orders and output. Rates of growth were sharp and the most pronounced in the year-to-date for both indicators.

Underlying data indicated that the upticks in new orders and output were driven by new client acquisitions and the upcoming election. Meanwhile, international demand for goods produced by the Philippines manufacturing sector remained broadly stagnant for a second consecutive month in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated (10 hr(s), 51 min(s), 32 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (11 hr(s), 36 min(s), 32 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (12 hr(s), 23 min(s), 32 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (12 hr(s), 28 min(s), 32 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (13 hr(s), 31 min(s), 32 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (13 hr(s), 38 min(s), 32 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (14 hr(s), 42 min(s), 32 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (15 hr(s), 21 min(s), 32 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»

Financial News: Philippines Manufacturing Sector Moves To Expansion - S&P

Philippines Manufacturing Sector Moves To Expansion - S&P Global

RECENT INTERNATIONAL FINANCIAL NEWS

INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply

U.S. Job Growth Slightly Exceeds Estimates In May

Austrian GDP Recovers Slightly Less Than Estimated

U.S. Employment Jumps Slightly More Than Expected In May