By Aubrey Rose A. With the baby, Reporter
Philippine production Work in February expanded At its slow speeds in 11 months between soft growth on orders and exit, data from S & P GLOBAL is displayed.
Is & P Philippines Accurching AFTTING AEGER Magers Magers (PMI) stop at 51 in February, Reducing from 52.3 in January.
This was the lower PMI reading in 11 months or from 50.9 Learned on March 2024. February was also a second direct grade of slow growth.
PMI reading above 50 shows better situations than the preceding month, while reading below 50 shows corruption.
“The strong grown growth from the end of the year began in February, as the latest survey Data indicates a slow release and new orders,” said economy to the world, said in Monday.
The Philippines sent the secondary secondary study between six Southeast South African congregations of Southeast South, after Indonesia (53.6).
Malaysia (49.7), Vietnam (49.2), and Myanmar (48.5) all send all direction factory work in February.
In its report, S & P Global said the production conditions in the Philippines continued to progress in February, although it was “Signed about a year.”
“However, the infinite data shows a mixed image, as well as the field showing a small cooldown as growing in new orders and a monthly consequences,” said.
Is & P Global Sport Golial Estates New Orders tested in February after a strong significant increase in the fourth quarter of 2024. New factory orders risen at a slow pace of seven months, and growth in New EXPORT orders defeated.
The growth of production is also tested and February, with the growth of the outfit from July 2024.
As quest is cool, manufacturers drive their purchasing work. February saw a slow increase in the last 15 months.
Firms produced by S & P arrested worldwide reported new climbing in the backlog of first-five months.
“Although the modest-handed rate was the most likely two years.
Ms Baluch noted that employment levels increased first three months, “and companies were challenged to meet the continuous needs of the need.”
Is & P Global Bountal said the pressure of prices on February.
“Though travel costs and travel costs continue to call the installation prices, the rise rate was very slow in the maximum number of nine months,” says.
The Philippine prices made in Philippine made in a very soft speeds in 10 months, added.
“Inflationary pressures disclose, thus suggesting that the central bank will continue to continue the release of its financial policy.
Bangko Sentral Ng Pilipinas (BSP) left the Benchmark rate unchanged in 5.75% at its Feb meeting. 13. The Ruler of the BSP Eli M. Remona, JR. He said Central Bank is still in its easy circuits and signed that it may be 50 points reduction in decrease in this year.
The next meeting of the next Board board is April 3.
S & P said manufacturers kept a good idea to produce the following year, but titles The confidence collapsed in the lower 10 months.
E-mail, Pantheon Macrominomics Chief Averist in Asianist Economist Miguel Chief, said Philippines The end of the National World “lost weight” in February.
“[The Philippines] The PMI is tendered to the second month to 111.0 months, now a remote complaint from 54.3 in December, “he said.
Rimal Commerce Banking Corp. The Economist Economist Michael L. Ricafut said the PMI’s learning indicates the requirement after a temporary holiday.
“In addition, uncertainty about the highest taxities of Trump and other protection taxes have been in place and dragging in worldwide and international trade, including those in the Philippines,” he said.
“However, the coordination of the constructive item would be the use of elections, may be a May 2011, 2025 Defense may result in government spending of various projects, especially infrastructure and other programs before elections,” said Mr Ricafort.
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