PMI Philippines, May 2009 PMI Philippines, May 2009
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PMI Philippines, May 2009PMI Philippines, May 2009
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
New Orders 59.22 58.0 56.1 50.3 46.6 36.2 30.6 39.2 49.0 57.4 56.25
Production 60.34 60.0 55.8 44.2 41.7 34.8 31.1 37.0 49.3 56.0 57.38Employment
49.72 48.7 52.1 46.0 43.1 39.9 32.9 37.0 43.8 49.4 53.00
Supplier Deliveries 48.04 47.3 51.3 48.1 49.7 45.8 43.6 44.4 48.8 54.4 52.50
Inventories 54.47 57.7 52.1 51.6 49.7 41.9 38.4 42.5 47.4 50.4 53.88
Overall Index 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
PMI Philippines, May 2009PMI Philippines, May 2009
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PMI Philippines, May 2009PMI Philippines, May 2009
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PMI Philippines, May 2009PMI Philippines, May 2009
Though there was a slight decrease in their business prospects,
Manufacturing companies were still very optimistic (or hopeful) about business trends in the following month.
This optimism is usually reflective of management’s response to any shortfall experienced from the previous month.
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PMI Philippines, May 2009PMI Philippines, May 2009INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08i. Manufacture of Food
Products and Beverages 50.3 53.8 62.1 58.06
ii. Manufacture of Textiles and Wearing
Apparel 41.9 52.2 48.9 51.67
iii. Manufacture of Paper and Paper Products 36.3 51.6 49.2 53.38
iv. Publishing, Printing and Reproduction of
Recorded Media 38.1 62.2 57.5 27.05
v. Manufacture of Coke, Refined Petroleum and other Fuel Products and Chemicals and Chemical
Products
44.6 46.4 62.9 60.48
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PMI Philippines, May 2009PMI Philippines, May 2009INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08vi. Manufacture of Rubber and Plastic
Products 41.3 43.5 32.5 60.48
vii. Manufacture of Other Non-Metallic Mineral products
36.9 47.8 61 62.1
viii. Manufacture of Basic Metals 39.2 45 43.4 43.38
ix. Manufacture of Fabricated Metal Products, Except Machinery and
Equipment
39.2 40.9 64.6 68.33
x. Manufacture of Machinery and Equipment, n.e.c., Office,
Accounting and Computing Machinery, Electrical
Machinery and Apparatus, n.e.c.
32.2 45.1 45.6 53.63
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PMI Philippines, May 2009PMI Philippines, May 2009
Sector performance varies. The following sectors indicate having expanded in May vs. April 2009.
•Motor Vehicles, and
• Others
INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
xi. Manufacture of Radio, Television and
Communication Equipment and Apparatus and
Medical, Precision and Optical Instrument
33.1 45.9 54.3 50.67
xii. Manufacture of Motor Vehicles,
Trailers and Semi-Trailers, Other
Transport Equipment
43.1 50.4 54.2 54.71
xiii. Other Manufacturing
Companies 23.8 48 50 52.84
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INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
i. Manufacture of Food Products and Beverages
New Orders 51.1 55.1 58.8 62.24
Production 54.3 52.6 68.8 62.24
Employment 47.9 55.1 56.2 56.12
Supplier Deliveries 46.8 53.9 61.2 50.00
Inventories 47.9 50.0 68.8 51.02
ii. Manufacture of Textiles and Wearing
Apparel
New Orders 43.8 58.0 57.1 58.33
Production 38.8 56.8 50.0 55.56
Employment 41.3 47.7 37.5 36.11
Supplier Deliveries 43.8 40.9 51.8 50.00
Inventories 42.5 48.9 39.3 55.56
iii. Manufacture of Paper and Paper
Products
New Orders 37.5 50.0 47.7 59.09
Production 37.5 62.5 47.7 59.09
Employment 34.4 50.0 53.5 51.52
Supplier Deliveries 43.8 31.3 51.2 54.55
Inventories 21.9 62.5 46.5 43.94
PMI Philippines, May 2009PMI Philippines, May 2009
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INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
iv. Publishing, Printing and Reproduction of Recorded
Media
New Orders 38.5 68.8 50.0
Production 38.5 68.8 50.0
Employment 42.3 50.0 100.0
Supplier Deliveries 38.5 62.5 .00
Inventories 26.9 50.0 100.0
v. Manufacture of Coke, Refined Petroleum and other Fuel Products and Chemicals and Chemical
Products
New Orders 42.1 48.5 66.2 66.67
Production 43.4 43.9 73.5 57.14
Employment 44.7 42.4 51.5 54.76
Supplier Deliveries 46.1 50.0 63.2 61.90
Inventories 52.6 48.5 48.5 59.52
vi. Manufacture of Rubber and Plastic Products
New Orders 37.5 43.6 50.0
Production 38.5 43.6 16.7
Employment 41.4 35.5 .00
Supplier Deliveries 48.1 48.4 66.7
Inventories 49.0 51.6 33.3
PMI Philippines, May 2009PMI Philippines, May 2009Sector performance varies. The following sectors indicate having expanded in May vs. April 2009.
• Textiles Paper Products
•Paper Products
•Non-Metallic Products
•Fabricated Metals
•Machineries, and
•Motor Vehicles
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INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
vii. Manufacture of Other Non-Metallic Mineral
products
New Orders 40.6 50.0 68.3 61.22
Production 37.5 43.6 65.4 67.35
Employment 21.9 43.6 53.8 59.18
Supplier Deliveries 43.8 51.6 51.9 51.02
Inventories 43.8 54.8 55.8 54.08
viii. Manufacture of Basic Metals
New Orders 40.0 37.5 46.4 44.12
Production 36.7 43.8 39.3 41.18
Employment 30.0 46.9 39.3 52.94
Supplier Deliveries 46.7 56.3 50.0 38.24
Inventories 50.0 50.0 42.9 35.29
ix. Manufacture of Fabricated Metal Products, Except
Machinery and Equipment
New Orders 42.3 37.5 76.9 75.00
Production 26.9 52.1 65.4 77.78
Employment 46.2 31.3 61.5 61.11
Supplier Deliveries 34.6 41.7 50.0 50.00
Inventories 53.9 41.7 53.8 66.67
PMI Philippines, May 2009PMI Philippines, May 2009Sector performance varies. The following sectors indicate having expanded in May vs. April 2009.
• Textiles Paper Products
•Paper Products
•Non-Metallic Products
•Fabricated Metals
•Machineries, and
•Motor Vehicles
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INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
x. Manufacture of Machinery and Equipment, n.e.c., Office,
Accounting and Computing Machinery, Electrical
Machinery and Apparatus, n.e.c.
New Orders 34.9 43.6 40.5 48.39
Production 26.7 39.7 45.2 59.68
Employment 29.1 47.4 42.9 54.84
Supplier Deliveries 39.5 51.3 61.9 48.39
Inventories 32.6 48.7 42.9 59.68
xi. Manufacture of Radio, Television and
Communication Equipment and Apparatus and Medical,
Precision and Optical Instrument
New Orders 31.3 46.3 60.9 47.32
Production 27.7 48.5 52.7 50.00
Employment 30.4 41.9 49.1 54.46
Supplier Deliveries 44.6 46.3 54.5 50.89
Inventories 40.2 44.9 48.2 54.46
xii. Manufacture of Motor Vehicles, Trailers and Semi-
Trailers, Other Transport Equipment
New Orders 45.3 57.7 57.3 55.77
Production 43.8 55.8 53.7 57.69
Employment 34.4 38.5 50.0 49.04
Supplier Deliveries 48.4 51.9 54.9 55.77
Inventories 43.8 36.5 53.7 53.85
PMI Philippines, May 2009PMI Philippines, May 2009Sector performance varies. The following sectors indicate having expanded in May vs. April 2009.
• Textiles Paper Products
•Paper Products
•Non-Metallic Products
•Fabricated Metals
•Machineries, and
•Motor Vehicles
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INDUSTRY DIVISIONS FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
xiii. Other Manufacturing Companies
New Orders 20.0 48.7 51.6 51.96
Production 20.0 51.4 51.6 49.02
Employment 27.5 43.2 46.8 50.98
Supplier Deliveries 40.0 51.4 50.8 58.82
Inventories 32.5 41.9 46.8 59.80
PMI Philippines, May 2009PMI Philippines, May 2009Sector performance varies. The following sectors indicate having expanded in May vs. April 2009.
• Textiles Paper Products
•Paper Products
•Non-Metallic Products
•Fabricated Metals
•Machineries, and
•Motor Vehicles
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COMPANY SIZE JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. Below 50 employees 58.8 44.5 54.2 44.5 48.8 31.5 37.8 40.4 46.0 52.1 43.79
ii. 50-99 employees 48.8 53.4 51.2 37.3 49.0 38.3 33.7 37.6 47.2 57.1 56.18
iii. 100-199 employees 54.9 56.3 55.6 49.6 46.0 47.0 30.4 40.3 48.5 51.3 51.70
iv. 200-499 employees 59.1 52.3 53.6 55.7 44.7 35.8 33.8 41.2 48.3 57.0 70.13
v. 500 and above employees 56.6 62.8 55.9 51.3 39.3 35.5 35.5 35.0 48.9 55.7 59.48
PMI Philippines, May 2009PMI Philippines, May 2009
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. Below 50 employees
New Orders 64.0 39.3 53.1 42.9 52.6 29.3 35.6 39.4 44.0 55.1 41.67Production 60.0 46.4 56.3 39.3 44.9 24.1 39.4 36.6 46.3 53.6 42.50
Employment 52.0 39.3 50.0 42.9 44.9 34.5 35.6 40.9 45.5 47.8 44.17Supplier
Deliveries 56.0 57.1 59.4 57.1 48.7 39.7 41.7 43.7 50.8 50.7 43.33
Inventories 58.0 46.4 53.1 46.4 47.4 37.9 38.6 46.5 45.5 50.0 53.33
ii. 50-99 employees
New Orders 51.3 55.4 52.6 34.2 54.1 35.9 30.0 35.3 48.2 60.8 55.39Production 50.0 57.1 47.4 29.3 48.4 34.9 31.1 35.3 46.3 55.1 59.80
Employment 45.0 44.6 52.6 42.7 41.8 41.5 34.4 36.0 46.9 52.3 54.90Supplier
Deliveries 51.3 46.4 48.7 46.3 47.5 43.4 42.8 44.7 47.5 59.1 51.96
Inventories 42.5 66.1 57.7 42.7 51.6 39.6 36.1 42.7 46.9 57.4 58.33
iii. 100-199 employees
New Orders 54.6 62.5 61.1 57.6 48.0 50.0 26.5 41.6 47.8 52.0 54.55Production 63.6 62.5 58.9 47.2 42.8 45.7 25.5 37.4 48.3 52.5 53.41
Employment 48.9 51.3 48.9 45.3 40.8 42.1 30.5 37.4 45.2 50.0 50.57Supplier
Deliveries 47.7 37.5 50.0 41.5 54.0 49.3 41.0 44.9 53.5 53.0 52.27
Inventories 56.8 60.0 52.2 52.8 46.7 47.9 38.5 42.5 50 46.0 40.34
PMI Philippines, May 2009PMI Philippines, May 2009
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JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
iv. 200-499 employees
New Orders 67.1 52.7 52.0 61.3 42.9 31.2 30.8 43.2 52.2 58.1 73.68Production 65.9 56.8 54.9 53.8 41.4 31.2 29.8 40.6 52.7 63.0 78.95
Employment 52.3 44.6 53.9 52.5 42.1 37.7 29.8 34.4 38.6 53.2 63.16Supplier
Deliveries38.6 48.7 55.9 47.5 52.9 44.8 48.0 45.3 47.3 54.8 55.26
Inventories 62.5 60.8 51.0 62.5 51.4 43.5 39.9 43.8 46.7 50.0 73.68
v. 500 and above employees
New Orders 62.5 69.4 60.3 51.9 36.0 28.7 31.8 31.7 54.0 60.8 62.21Production 58.3 69.4 61.5 51.9 30.0 30.9 33.1 32.7 54.0 59.6 61.83
Employment 52.1 58.1 53.9 46.3 48.0 41.5 35.7 37.5 43.0 47.1 55.73Supplier
Deliveries52.1 54.8 46.2 55.6 42.0 48.9 44.2 42.3 40.0 54.5 56.87
Inventories 50.0 48.4 47.4 51.9 51.0 35.1 39.0 34.6 46.0 49.5 56.87
PMI Philippines, May 2009PMI Philippines, May 2009
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% EXPORT TO TOTAL SALES JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. None 53.8 53.6 56.5 50.6 47.7 42.9 38.8 43.7 49.1 48.7 49.74
ii. up to 25% 58.2 55.9 66.1 49.9 50.1 44.5 39.6 40.4 46.3 54.2 51.99
iii. 26%-50% 67.8 55.4 48.9 37.0 40.6 24.0 33.4 39.9 58.8 63.0 61.64
iv. more than 50% 52.6 56.0 47.1 46.6 43.9 31.5 25.2 33.4 45.6 58.7 61.28
PMI Philippines, May 2009PMI Philippines, May 2009
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% EXPORT TO TOTAL SALES
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. None
New Orders 54.8 57.5 57.6 53.7 50.6 40.4 36.2 44.1 49.7 47.8 47.06
Production 59.1 55.8 61.1 48.2 41.7 41.9 35.5 41.5 50.0 47.8 48.69
Employment 49.5 50.0 54.9 47.0 45.0 43.9 40.1 41.9 46.5 49.3 52.29
Supplier Deliveries
47.6 41.7 47.2 50.0 53.9 48.5 46.1 45.9 48.6 50.4 50.65
Inventories 54.8 61.7 59.0 55.5 50.6 41.9 40.8 48.5 51.4 49.6 53.92
ii. Up to 25%
New Orders 64.8 54.2 71.2 53.1 56.1 42.0 38.9 41.6 47.6 56.6 56.41
Production 59.3 64.6 69.7 45.3 44.9 44.0 40.4 38.5 46.6 57.1 54.49
Employment 53.7 47.9 65.2 57.8 46.9 44.7 36.5 37.6 41.8 47.3 48.08
Supplier Deliveries
51.9 50.0 54.6 43.8 51.0 49.3 44.2 44.3 52.9 56.6 48.08
Inventories 53.7 64.6 60.6 45.3 50.0 46.0 38.9 41.2 40.8 49.6 46.15
iii. 26%-50%
New Orders 76.9 58.3 42.3 37.0 35.3 18.4 32.0 41.7 62.0 73.4 67.19
Production 76.9 62.5 50.0 30.4 39.7 15.8 26.0 36.7 66.0 73.4 60.94
Employment 61.5 45.8 53.9 32.6 44.0 31.6 30.0 33.3 48.0 42.2 57.81
Supplier Deliveries 38.5 45.8 57.7 47.8 46.6 31.6 46.0 48.3 50.0 60.9 59.38
Inventories 53.9 62.5 42.3 45.7 43.1 34.2 44.0 43.3 66.0 50.0 57.81
PMI Philippines, May 2009PMI Philippines, May 2009
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% EXPORT TO TOTAL SALES
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
iv. more than 50%
New Orders 60.3 60.2 50.0 49.0 45.0 30.1 18.9 30.9 47.0 64.8 63.87
Production 53.5 62.0 45.1 43.3 41.4 22.3 21.2 30.9 47.4 60.0 67.88
Employment 39.7 48.2 43.1 43.3 38.9 32.5 23.5 32.1 41.7 53.6 55.47
Supplier Deliveries
53.5 52.8 52.8 48.1 47.0 42.8 40.4 41.9 45.5 55.6 55.47
Inventories 51.7 49.1 43.1 51.9 52.5 39.8 34.8 37.0 44.7 52.4 57.30
PMI Philippines, May 2009PMI Philippines, May 2009
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PISM membership JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. PISM member 58.7 59.6 54.9 44.6 46.5 45.1 39.3 46.9 49.5 55.1 54.19
ii. Non-PISM member 54.2 53.7 53.9 49.6 45.2 36.7 32.5 38.2 47.6 54.1 55.29
PMI Philippines, May 2009PMI Philippines, May 2009
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PISM Affiliation JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
OVERALL 55.5 55.0 54.1 47.7 45.5 38.6 33.9 39.3 47.8 54.3 55.08
i. PISM member
New Orders 64.0 62.1 57.6 45.1 48.2 45.2 35.9 46.30 50.8 57.5 55.84
Production 64.0 66.7 59.1 41.7 42.9 45.2 34.8 47.22 55.8 59.0 56.49
Employment 52.0 54.6 59.1 43.1 49.1 44.4 44.0 46.30 44.2 50.8 51.95
Supplier Deliveries 46.0 47.0 40.9 45.1 42.0 50.8 44.6 50.93 48.3 50.8 49.35
Inventories 62.0 63.6 48.5 52.8 51.8 37.3 43.5 42.59 41.7 53.7 55.19
iii. Non-PISM member
New Orders 57.4 56.8 55.7 53.4 46.3 33.6 29.1 38.04 48.7 57.4 56.35
Production 58.9 58.1 55.1 45.7 41.5 31.7 30.2 35.45 48.1 55.4 57.59
Employment 48.8 47.0 50.6 47.9 41.7 38.5 29.9 35.59 43.8 49.1 53.25
Supplier Deliveries 48.8 47.4 53.5 50.0 51.5 44.4 43.4 43.37 48.8 55.2 53.25
Inventories 51.6 56.0 52.9 50.9 49.2 43.2 37.1 42.51 48.4 49.7 53.56
PMI Philippines, May 2009PMI Philippines, May 2009
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AREA FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
i. NCR 41.1 49.4 49.3 52.38
ii. ONCR 37.6 46.3 59.4 57.79
PMI Philippines, May 2009PMI Philippines, May 2009
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Region FEB MAR APR MAY
OVERALL 39.3 47.8 54.3 55.08
i. NCR
New Orders 40.30 49.3 50.2 52.25Production 37.56 49.3 49.5 54.25
Employment 40.80 47.3 46.1 49.75Supplier
Deliveries47.51 51.5 52.2 52.75
Inventories 43.03 51.5 48.3 52.75
ii. ONCR
New Orders 38.00 48.8 64.8 60.25Production 36.50 49.3 62.8 60.50
Employment 33.25 40.4 52.8 56.25Supplier
Deliveries41.25 46.1 56.8 52.25
Inventories 42.00 43.4 52.5 55.00
PMI Philippines, May 2009PMI Philippines, May 2009
Interviews with 100 retailers/ wholesalers conducted on May 27-
28, 2009.
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PMI Philippines, May 2009PMI Philippines, May 2009
Diffusion Index APRIL MAY
PMI Overall 44.8 48New orders 42.5 48Production 44.5 45.5
Employment 49 49Supplier
deliveries 43 47.5Inventories 46.5 53
The PMI shows an increase for the services in the given by the retailers and wholesalers compared to the results of last month’s survey.
The inventories have shown to expand in May. However, overall PMI measure still indicate a recession status.
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PMI Philippines, May 2009PMI Philippines, May 2009
Looking at the differences between the retailers and wholesalers, it can be seen that Retailers are expanding on EMPLOYMENT while Wholesalers expand on INVENTORIES. Overall, the retailers have slightly higher diffusion index than the wholesalers.
Diffusion Index RETAILERS WHOLESALERS
PMI Overall 49 47New orders
49 47Production
46 45Employment
53 45Supplier deliveries
48 47Inventories
47 59
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PMI Philippines, May 2009PMI Philippines, May 2009
Both Retailers and Wholesalers were expecting an Business expansion for the month of June.
Meanwhile, Retailers expected their business to expand more than the expectations of the Wholesalers.
Diffusion Index
June-Expectations
RETAILERS 85
WHOLESALERS 69
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THANK YOU!
PMI Philippines, May 2009PMI Philippines, May 2009
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