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THE country’s industrial production posted a double-digit contraction in December – its biggest in 13 months, the Philippine Statistics Authority (PSA) reported this morning.
PHILIPPINE manufacturing activity saw “solid improvement” in May, picking up for the third straight month on growing demand despite “intensified” cost pressures passed on to customers via higher prices, according to the latest monthly tracking IHS Market conducted for Nikkei, Inc.
FACTORY production expanded to its fastest pace in more than four years in January, preliminary data from the Philippine Statistics Authority showed. Manufacturing output --...