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.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.