PMI of manufacturing sector Philippines 2021-2024, by month

The manufacturing sector in the Philippines had a Purchasing Managers Index (PMI) of 52.4 in April 2024, reflecting growth from the previous month. The country’s manufacturing sector recorded the highest growth in April and May 2022. Manufacturing landscape in the PhilippinesThe Philippine manufacturing sector contributed the second-highest share of the country’s gross domestic product in 2023. Food manufacturing was the most profitable within the industry and accounted for the highest share of establishments. However, in terms of trade, electronic products were the leading export goods from the Philippines, which accounted for about 57 percent of the total exports from the country in 2023. PMI – more informationThe Purchasing Managers’ Index, or PMI, is an economic indicator in the manufacturing sector published by S&P Global. It measures the change in economic activity within the industry each month using a survey of supply chain managers. It considers new orders, employment output, and supplier delivery time. A score above 50 signals growth or expansion compared to the previous month. Meanwhile, a score of below 50 represents a contraction, and a reading of 50 represents an equal balance. As of February 2022, India had the highest PMI among developing Asian countries, followed by Vietnam and Taiwan.

菲律宾的制造业在2024年4月录得了52.4的采购经理人指数（PMI），较上个月呈现增长趋势。该国的制造业在2022年4月和5月录得了最高的增长。菲律宾的制造业在2023年对国家国内生产总值贡献了第二高的份额。食品制造业在行业内利润最为丰厚，并占据了企业数量最高的比例。然而，在贸易方面，电子产品是菲律宾的主要出口商品，占2023年国家总出口额的约57%。PMI - 更多信息：采购经理人指数（PMI），或称PMI，是由S&P Global发布的制造业经济指标。该指数通过调查供应链经理，每月衡量行业内的经济活动变化。它考虑了新订单、就业产出和供应商交货时间。指数得分高于50表示与上个月相比呈现增长或扩张，而低于50的得分则代表收缩，50的得分则表示与上月持平。截至2022年2月，印度在发展中的亚洲国家中PMI最高，其次是越南和台湾。