The Philippine manufacturing sector posted its strongest performance in over eight years in February, driven by robust demand and higher output.
The country’s purchasing managers’ index (PMI) rose to 54.6 from 52.9 in January, marking the highest expansion since November 2017.
Output growth reached its fastest pace since 2018, with new orders fueling increased production, purchasing activity, and stock levels.
Employment in the sector also rose for the second consecutive month, while manufacturers expressed optimism about sustained demand over the next 12 months.
S&P Global noted that strong business confidence and historically pronounced expansions signal continued momentum for the industry.
Source: PhilNews24 | March 3, 2026
