The Nikkei Philippines Manufacturing PMI increased to a ten-month high of 54 in October 2018 from 52 in the previous month. Both output and new orders rose at a faster pace, with many firms reporting an influx of orders. Also, buying activity went up substantially, while employment rose for the third month running. However, delivery times lengthened, in part due to port congestion. Inflationary pressures persisted, leading to the sharpest rise in output prices seen in the survey history. Regarding sentiment, companies remained strongly positive, with the level of optimism was the second-weakest in the series history. Manufacturing Pmi in Philippines is reported by Markit Economics.

Philippines Manufacturing PMI
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Philippines Business Last Previous Highest Lowest Unit
Business Confidence 30.10 39.30 54.90 -32.60 Index Points [+]
Industrial Production 3.70 8.60 68.60 -26.60 percent [+]
Capacity Utilization 84.22 84.28 84.34 74.30 percent [+]
Changes in Inventories -1813.03 -2949.59 92123.96 -83619.51 PHP Million [+]
Internet Speed 5450.74 4527.48 5450.74 795.57 KBps [+]
IP Addresses 1536948.00 1536732.00 1536948.00 477194.00 IP [+]
Total Vehicle Sales 9441.00 8678.00 14182.00 993.00 [+]
Manufacturing Pmi 54.00 52.00 57.50 50.60 [+]
Competitiveness Index 62.13 59.80 62.13 3.90 Points [+]
Competitiveness Rank 56.00 68.00 87.00 47.00 [+]
Ease of Doing Business 124.00 113.00 144.00 97.00 [+]
Corruption Index 34.00 35.00 38.00 23.00 Points [+]
Corruption Rank 111.00 101.00 141.00 36.00 [+]


Philippines Manufacturing PMI

The Nikkei Philippines Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Philippines Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
54.00 52.00 57.50 50.60 2016 - 2018 Monthly




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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