Strong peso seen a threat to manufacturing sector
By Riza T. OlchondraThe appreciating peso poses a threat to the recovery of the manufacturing sector and the jobs it generates, private economists said.
The appreciating peso poses a threat to the recovery of the manufacturing sector and the jobs it generates, private economists said.
Manufacturers’ output expanded by 4.7 percent in July, slower than the previous month’s pace as production in electrical machinery, chemical products and non-metallic products decelerated, the National Statistics Office (NSO) on Friday said.
