PH manufacturing activity rebounds in May

MANILA, Philippines – Philippine manufacturing activity returned to growth in May as stronger domestic demand offset supply chain disruptions linked to the Middle East war, though overall gains remained modest. On Monday, S&P Global said the Philippines Purchasing Managers’ Index (PMI) climbed to 50.8 in May from 48.3 in April. READ: Philippine manufacturers see a better 2026 The latest figure meant that local factory activity has entered expansion territory again, settling above the 50-mark that separates growth from contraction. “The overall expansion was driven by a fresh rise in new orders, which followed a sharp reduction in April. Improved client demand […]... Keep on reading: PH manufacturing activity rebounds in May

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