{"id":581237,"date":"2026-08-03T04:49:13","date_gmt":"2026-08-03T04:49:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/581237\/"},"modified":"2026-08-03T04:49:13","modified_gmt":"2026-08-03T04:49:13","slug":"philippines-manufacturing-pmi-expands-for-a-third-straight-month-in-july","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/581237\/","title":{"rendered":"Philippines manufacturing PMI expands for a third straight month in July"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"720\" class=\"entry-thumb\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/warehouse-worker.jpg\"   alt=\"\" title=\"warehouse-worker\"\/>Workers are seen at a warehouse in Calamba City, March 20, 2026. \u2014 PHILIPPINE STAR\/PPA POOL\/NOEL B. PABALATE<\/p>\n<p>PHILIPPINE MANUFACTURING activity continued to expand in July, posting modest growth as stronger demand offset rising input costs, S&amp;P Global said.<\/p>\n<p>The S&amp;P Global Philippines Manufacturing Purchasing Managers\u2019 Index (PMI) edged up to 51.8 in July from 50.9 in June, marking a third straight month of expansion.<\/p>\n<p>A PMI reading above 50 signals an improvement in operating conditions from the previous month, while a reading below 50 shows a deterioration.<\/p>\n<p>\u201cThough the latest reading pointed to only a modest improvement in the health of the Filipino manufacturing sector, it marked a welcome shift from the subdued performance seen between March and June,\u201d S&amp;P Global said.<\/p>\n<p>S&amp;P Global said manufacturing output and new orders both rose at faster rates in July, supported by stronger client demand and new business wins.<\/p>\n<p>Filipino manufacturers also increased purchasing activity amid higher production requirements.<\/p>\n<p>However, firms reported a renewed intensification of inflationary pressures.<\/p>\n<p>\u201cQualitative evidence continued to show that the war in the Middle East was driving up costs, which firms then passed on to customers through higher charges for goods,\u201d S&amp;P Global said. \u2014 Justine Irish D. Tabile<\/p>\n","protected":false},"excerpt":{"rendered":"Workers are seen at a warehouse in Calamba City, March 20, 2026. \u2014 PHILIPPINE STAR\/PPA POOL\/NOEL B. PABALATE&hellip;\n","protected":false},"author":2,"featured_media":581238,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,222981],"class_list":["post-581237","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-justine-irish-d-tabile"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/581237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=581237"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/581237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/581238"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=581237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=581237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=581237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}