Breaking News

Philippines Manufacturing PMI

Latest Release

Nov 04, 2024

Actual

52.9

53.7

The PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.

Importance:

Country:

Currency: PHP

Source: Markit Economics

Release Date	Time	Actual	Previous
Dec 01, 2024 (Nov)	19:30		52.9
Nov 03, 2024 (Oct)	19:30	52.9	53.7
Sep 30, 2024 (Sep)	19:30	53.7	51.2
Sep 01, 2024 (Aug)	19:30	51.2	51.2
Jul 31, 2024 (Jul)	19:30	51.2	51.3
Jun 30, 2024 (Jun)	19:30	51.3	51.9

Analysis

Asia Session: No Shanghai Re-Opening Surprise; Dollar Rises, Oil Slips By Jeffrey Halley - Jun 01, 2022 1

Asian markets are trading with a negative tone today, with the ending of virus restrictions in Shanghai today having little to no positive impact. Mostly that is due to the flip-flop on Tuesday of the...

Asia Week Ahead: Heavy Data Calendar Comprising PMI And Inflation Releases By ING Economic and Financial Analysis - Mar 27, 2022

A packed schedule across the region that should reflect the uncertain business environment.PMI releases across the regionThis coming week, Indonesia and the Philippines will report their PMI...

The U.S. Dollar Is Bid To Start The Second Half By Marc Chandler - Jul 01, 2021 1

Soft Asian manufacturing PMIs weighed on local shares after the S&P 500 set new record highs yesterday. European shares were recouping yesterday's month-end losses, while US futures indices were...

S&P Global Philippines Manufacturing PMI Discussion

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