PHL factories boost December output; PMI at 54.3

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The story "PHL factories boost December output; PMI at 54.3" was covered 4 days ago by Business Mirror, a news publisher based in Philippines.

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PHL factories boost December output; PMI at 54.3 - Business Mirror

Quick Summary:

LOCAL manufacturing firms ended 2024 on a "strong note” as the slowdown in commodity prices helped boost their output in December, according to S&P Global Market Intelligence.

The manufacturing employment index for most economies in the region posted contractions in December.

The increase in export demand led to higher purchasing activity and marked the highest increase in input buying in two years.