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Philippine Star
Philippine Star
Louella Desiderio – The Philippine Star November 30, 2021 | 12:00am MANILA, Philippines — The country’s manufacturing sector likely expanded further in November as restrictions continued to be eased. Think tank Capital Economics forecasts that the country’s headline purchasing managers’ index (PMI) further picked up to 53 in November from 51 in October. This would further register above the neutral 50 mark that separates expansion from contraction. Market intelligence firm IHS Markit is set to release the latest PMI by Dec. 1, Wednesday. “October manufacturing PMIs showed a significant rebound…