Factory slump blamed on Q4’s serial storms

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The story "Factory slump blamed on Q4’s serial storms" was covered 1 days ago by Business Mirror, a news publisher based in Philippines.

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Factory slump blamed on Q4’s serial storms - Business Mirror

Quick Summary:

THE successive typhoons experienced by the country in the last quarter of 2024 also affected the manufacturing sector’s performance, according to Moody’s Analytics.

This means, Filipinos need to shell out P121 today to purchase P100 worth of goods in 2018.“As real incomes fall, people are getting [fewer] goods than they did before.

Key industries, including electronics, transport equipment, and food products, have driven this increase, reflecting the resilience and continued expansion of local production capabilities.