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The manufacturing sector in the Philippines continued to expand in April, albeit at a slower rate, the latest survey from Nikkei revealed on Thursday with a nine-month low manufacturing PMI score of 50.9.
That's down from 51.5 in March, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output growth fell to a 19-month low, while new orders increased at the weakest rate since July.
Selling charges rose at the softest pace in almost two years.
