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Philippine manufacturing PMI contracts in April as new orders slump
May 4, 2026
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Posted 4 hours ago by
Philippine factory activity contracted in April, the first time since November, amid a sharp decline in new orders. The SP Global Philippines Manufacturing Purchasing Managers’ Index (PMI) slumped to 48.3 in April, a reversal from the 51.3 in March. “The Filipino manufacturing sector started the second quarter of 2026 with a renewed worsening of operating []

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Coverage and analysis from Philippines. All insights are generated by our AI narrative analysis engine.
Philippines
Bias: center
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