The manufacturing sector in the Philippines continued to expand in November, although at a slightly slower rate, the latest survey from Nikkei showed on Thursday with a still robust PMI score or 56.3.
That's down from 56.5 in October, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, total output and new orders advanced at slower rates, although growth in export orders accelerated.
Firms stepped up their staff hiring and purchasing activity, while charge inflation persisted as input prices continued to increase.
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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.