Manufacturing production in the Philippines increased by 10.8% year-on-year in August, accelerating from an upwardly revised 9.9% rise in the previous month. The largest positive contribution came from the manufacture of computer, electronic and optical products (30.1% vs 15.8%), which accounted for 57.3% of the acceleration in the annual growth rate. Other major contributors included the manufacture of transport equipment (11.5% vs 4.9%), basic metals (27.2% vs 23.9%), rubber and plastic products (15.0% vs 9.9%), electrical equipment (10.9% vs 2.9%), and beverages (4.2% vs 3.6%). Meanwhile, production growth moderated for coke and refined petroleum products (24.7% vs 47.6%) and food products (1.3% vs 2.6%). For the January-August period, manufacturing output was 9.3% higher than in the same period a year earlier. source: Philippine Statistics Authority

Industrial Production in Philippines increased 10.80 percent in August of 2026 over the same month in the previous year. Industrial Production in Philippines averaged 10.90 percent from 1986 until 2026, reaching an all time high of 531.30 percent in August of 2021 and a record low of -83.10 percent in August of 2020. This page provides - Philippines Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Industrial Production in Philippines increased 10.80 percent in August of 2026 over the same month in the previous year. Industrial Production in Philippines is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Manufacturing Production is projected to trend around 6.50 percent in 2027 and 6.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-04 01:00 AM
Industrial Production YoY
Jul 9.6% 13.9% 14.0%
2026-10-07 01:00 AM
Industrial Production YoY
Aug 10.8% 9.9% 11.0%
2026-11-06 01:00 AM
Industrial Production YoY
Sep 10.8% 8.9%


Related Last Previous Unit Reference
Business Confidence -10.90 -20.30 points Aug 2026
Capacity Utilization 78.80 78.90 percent Jul 2026
Changes in Inventories 38542.00 -6553.00 PHP Million Jun 2026
Corruption Index 32.00 33.00 Points Dec 2025
Corruption Rank 120.00 114.00 Dec 2025
Industrial Production YoY 10.80 9.90 percent Aug 2026
Total Vehicle Sales 6784.00 7600.00 Units Aug 2026


Philippines Manufacturing Production
In Philippines, Industrial Production is measured by the Value of Production Index (VaPI) of the manufacturing industry.
Actual Previous Highest Lowest Dates Unit Frequency
10.80 9.90 531.30 -83.10 1986 - 2026 percent Monthly

News Stream
Philippines Manufacturing Output Growth Picks Up in August
Manufacturing production in the Philippines increased by 10.8% year-on-year in August, accelerating from an upwardly revised 9.9% rise in the previous month. The largest positive contribution came from the manufacture of computer, electronic and optical products (30.1% vs 15.8%), which accounted for 57.3% of the acceleration in the annual growth rate. Other major contributors included the manufacture of transport equipment (11.5% vs 4.9%), basic metals (27.2% vs 23.9%), rubber and plastic products (15.0% vs 9.9%), electrical equipment (10.9% vs 2.9%), and beverages (4.2% vs 3.6%). Meanwhile, production growth moderated for coke and refined petroleum products (24.7% vs 47.6%) and food products (1.3% vs 2.6%). For the January-August period, manufacturing output was 9.3% higher than in the same period a year earlier.
2026-10-07
Philippine Industrial Output Growth at 5-Month Low
Manufacturing production in the Philippines rose by 9.6% year-on-year in July 2026, marking the softest growth since February and slowing from an upwardly revised 13.9% gain in the previous month. The slowdown was largely driven by a sharp moderation in the manufacture of coke and refined petroleum products (47.2% vs 89.3% in June), alongside slower growth in computer, electronic and optical products (17.2% vs 22.8%), food products (2.8% vs 4.4%), and transport equipment (6.5% vs 7.8%). At the same time, output declined for chemicals and chemical products (-19.0% vs -11.8%), machinery and equipment excluding electrical (-16.5% vs -17.0%), and pharmaceutical products (-10.8% vs 5.9%). On the other hand, production accelerated in basic metals (24.2% vs 22.8%), furniture (23.9% vs 66.6%), leather and related products (35.4% vs 21.7%), and apparel (10.4% vs -2.3%). For the January-July period, industrial activity grew by 8.6%, compared with the corresponding period a year earlier.
2026-09-04
Philippine Industrial Output Growth Strongest Since 2022
Manufacturing production in the Philippines climbed by 13.5% year-on-year in June 2026, marking the fastest rise since October 2022 and accelerating from a downwardly revised 12.5% increase in the previous month. The stronger expansion was mainly driven by a faster increase in the manufacture of coke and refined petroleum products (89.0% vs. 78.5% in May), which accounted for nearly 30% of the overall improvement in manufacturing output. Growth also accelerated in the manufacture of food products (5.7% vs. 1.6%) and transport equipment (7.7% vs. 1.9%). Additionally, output remained strong in computer, electronic and optical products (22.0% vs 24.8%) and basic metals (19.3% vs 28.4%). Meanwhile, fabricated metal products (-26.7% vs -21.4%), machinery and equipment (-16.1% vs -22.1%), and chemicals and chemical products (-13.8% vs -18.6%) were among the weakest performers. For the January-June period, industrial output grew by 8.2%, compared with the corresponding period a year ago.
2026-08-06