Philippines Manufacturing Dips for 1st Time Since 2023 đ
The Philippines Manufacturing PMI contracted to 49.4 in March 2025, ending an 11-month growth streak due to weaker foreign demand and increased competition, with manufacturing output declining and hiring stagnating.
Signals potential economic slowdown in emerging markets, which could impact broader market sentiment and investment strategies
Philippines Budget Deficit Expands in February âšī¸
The Philippine government's budget deficit increased to PHP 171.4 billion in February 2025, with government revenues growing by 12.4% and expenditures rising by 8.9%, primarily driven by infrastructure and social protection programs.
Limited direct impact on global markets, minor relevance to broad portfolio exposure
Philippines Producer Inflation Hits 21-Month High âšī¸
Philippine producer prices rose 0.8% year-on-year in February 2025, the highest since May 2023, with notable increases in manufacturing sectors like petroleum products and machinery, while some sectors experienced deflation.
Limited direct impact on global portfolio due to regional specificity and moderate price changes
Philippine Imports Fall in February âšī¸
Philippines' imports decreased by 1.8% in February 2025, with significant declines in mineral fuels and industrial materials, while some sectors like electronic products and transport equipment saw growth.
Limited direct impact on portfolio holdings, minor relevance to global market indices and technology stocks
Philippines Trade Gap Narrows in February âšī¸
The Philippines' trade deficit narrowed to USD 3.2 billion in February 2025, with exports rising 3.9% and driven by strong performance in coconut oil, gold, and medical instrumentation exports, while imports decreased by 1.8%.
Limited direct impact on portfolio holdings, minor positive trade dynamics with potential minor benefits for emerging markets exposure
Philippines Exports Rise for 2nd Month đ
Philippine exports increased by 3.9% in February 2025, reaching USD 6.3 billion, with growth driven by coconut oil, manufactured goods, and electronic products across various international markets.
Moderate export growth with diversified market expansion, but limited direct impact on current portfolio holdings