Factory output likely slowed in Nov – Moody’s

Philippine manufacturing output likely moderated in November 2016 from October as food production suffered from bad weather, the economic research arm of Moody’s Investors Service said over the weekend.

Moody’s Analytics estimates growth in November manufacturing output slowed to 8 percent from a rise of 8.4 percent in October, but accelerated from a 4.4 percent increase in November 2015.