Local manufacturing firms reported a further improvement in operating conditions in October, but the growth moved at a much pace due to heightened inflationary pressures as well as costlier factory gate charges.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) rose
The S&P Global India Manufacturing Purchasing Managers' Index (PMI) moved up to 55.3 in October from 55.1 in September, indicating that the economic growth in the Indian manufacturing industry remained robust, and price pressures were contained.