The Market Monitor Minding the Nation's Business
The Philippine Statistics Authority (PSA) reported that the growth of the Producer Price Index (PPI) for manufacturing decelerated to 0.1 percent in April 2025, down from 0.6 percent recorded in March.
In a statement released Friday, the PSA attributed the slowdown mainly to a weaker annual growth in the computer, electronic, and optical products industry, which posted a slower increase of 1.3 percent in April compared to 0.9 percent the previous month.
Also contributing to the easing PPI growth were the transport equipment sector, which grew only 0.3 percent in April from 1.5 percent in March, and the basic metals industry, which posted a sharper annual decline of 0.9 percent, following a milder drop of 0.1 percent a month earlier.
The PPI is derived from the results of the Producer Price Survey (PPS), conducted nationwide by the PSA. The survey gathers monthly data on producer prices from selected manufacturing establishments, capturing changes in factory-gate prices of goods sold to wholesalers or other domestic buyers.
The index reflects the average movement of prices over time relative to a base period and serves as a key indicator of inflationary trends in the manufacturing sector.