Philippine manufacturing rebounds in May

MANILA, Philippines — Philippine manufacturing activity rebounded in May after slipping into contraction the previous month, supported by stronger domestic demand, although persistent supply-chain disruptions and rising costs continued to weigh on the sector. Data released by S&P Global on Monday showed the country’s Purchasing Managers’ Index (PMI) climbed to 50.8 in May from 48.3 […]... Keep on reading: Philippine manufacturing rebounds in May