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flag In October, the Philippines' manufacturing sector grew, with a PMI of 52.9, amid job creation and challenges.

flag In October, the Philippines' manufacturing sector showed strong growth, with a Purchasing Managers' Index (PMI) of 52.9, the second-highest since January 2023. flag This marked 14 months of improvement, driven by increased new orders and the strongest job creation in over seven years. flag However, challenges like material shortages and a weakening peso led to rising input prices. flag Despite these issues, many firms remain optimistic about future expansion.

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