MANILA: Manufacturing rebounded strongly in February following January’s Omicron surge, with the purchasing managers’ index (PMI) hitting a three-year high last month.
In a report, global information provider IHS Markit said February PMI, a proxy for overall domestic manufacturing performance, jumped to 52.8 an expansion from 50 (flat growth) in January.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
