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Philippines: Prices of construction materials ease in July

MANILA, Philippines — Increases in wholesale prices of construction materials in the National Capital Region (NCR) eased in July, as six commodity groups registered slower upticks. The Philippine Statistics Authority (PSA) said the annual increase of the Construction Materials Wholesale Price Index (CMWPI) in NCR eased to 8.7 percent in July from 8.9 percent in […]

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Philippines: Manufacturing activity improves in August

MANILA, Philippines — The country’s manufacturing sector showed improvement in August as it grew at a faster pace, but high prices, supply chain disruptions and rising interest rates pose challenges to growth. In its report released yesterday, S&P Global Market Intelligence said the Philippines’ manufacturing purchasing managers’ index (PMI) improved to 51.2 in August from […]

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