Financial News: Philippines Manufacturing Sector Slips Into Contraction -

Philippines Manufacturing Sector Slips Into Contraction - S&P Global

09/30/2025 - 20:51:00 (RTTNews)

(RTTNews) - The manufacturing sector in the Philippines fell into contraction territory in September, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 49.9.

That's down from 50.8 in August and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction.

Weaker operating conditions were mainly attributed to a renewed (albeit marginal) drop in new order intakes in September. The decline in sales was the first in six months, as surveyed businesses remarked on lower customer numbers. However, order books with foreign clients continued to improve, signaling that the downturn was mainly centered on the domestic market.

Reduced sales volumes led Filipino manufacturers to scale back production at the end of the third quarter, which ended a three-month sequence of expansion.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Virtually Unchanged In October (01 hr(s), 59 min(s), 56 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed its reading on U.S. c ...Full Story»

Latvia Trade Deficit Narrows In August (02 hr(s), 41 min(s), 56 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in August from a year ago, as exports gre ...Full Story»

Turkey Retail Sales Growth Eases To 12.2% (02 hr(s), 58 min(s), 56 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated for the third straight month in August, tho ...Full Story»

Slovakia Industrial Output Shrinks Most In 17 Months (03 hr(s), 19 min(s), 56 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased at the steepest pace in nearly one-and- ...Full Story»

Swiss Consumers Less Pessimistic In September (04 hr(s), 13 min(s), 56 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained slightly less negative in September, survey ...Full Story»

Portugal Inflation Confirmed At 2.4% (05 hr(s), 06 min(s), 56 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased as initially estimated in September to t ...Full Story»

Romania Q2 GDP Growth Unrevised At 0.3% (06 hr(s), 04 min(s), 56 sec(s) ago)
(RTTNews) - Romania's economic growth held steady in the second quarter, confirming the previo ...Full Story»

Denmark Inflation Rises To 2.3% (06 hr(s), 26 min(s), 56 sec(s) ago)
(RTTNews) - Denmark's consumer price inflation increased in September after easing in the prev ...Full Story»