Key data points
Last release
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Next release
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Time to release
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Forecast
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Observation period
Apr 2024
Highest
57.50POINTSep 30, 2016
Lowest
31.60POINTApr 30, 2020
About Philippines Manufacturing PMI
The S&P Global 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.