FX.co ★ Philippines’ Factory Activity Accelerates in July as S&P Global Manufacturing PMI Climbs to 51.8

The Philippines’ manufacturing sector strengthened in July 2026, with the S&P Global Manufacturing PMI rising to 51.8 from 50.9 in June 2026, according to data updated on 3 August 2026. The latest reading remains above the 50-point threshold that separates expansion from contraction, signaling a quicker pace of growth for the country’s factory activity.

The improvement from June’s 50.9 suggests that operating conditions in the Philippine manufacturing sector continued to firm up in July, pointing to healthier production trends and sustained momentum in the industrial economy. While detailed drivers of the index were not disclosed, the higher PMI level typically reflects better overall business conditions compared with the previous month.