Philippines Manufacturing PMI Slows In December - Nikkei

The manufacturing sector in the Philippines continued to expand in December, although at a slower rate, the latest survey from Nikkei revealed on Tuesday with a PMI score of 55.7.

That's down from 56.3 in November, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output growth quickened while total new orders rose at a slower rate.

Vendor performance deteriorated for the first time in survey history, while input cost inflation was at a survey record high.

News are provided by InstaForex