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. source: Philippine Statistics Authority

Industrial Production in Philippines increased 13.50 percent in June 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 August of 2026.

Industrial Production in Philippines increased 13.50 percent in June of 2026 over the same month in the previous year. Industrial Production in Philippines is expected to be 8.90 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
2026-07-07 01:00 AM
Industrial Production YoY
May 13.5% 14.6% 12.0%
2026-08-06 01:00 AM
Industrial Production YoY
Jun 13.5% 12.5% 10.0%
2026-09-04 01:00 AM
Industrial Production YoY
Jul 13.5%


Related Last Previous Unit Reference
Business Confidence 0.00 -25.20 points Jun 2026
Capacity Utilization 78.90 78.80 percent Jun 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 13.50 12.50 percent Jun 2026
Total Vehicle Sales 8061.00 6692.00 Units Jun 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
13.50 12.50 531.30 -83.10 1986 - 2026 percent Monthly

News Stream
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
Philippines Industrial Output Eases in May
Manufacturing production in the Philippines increased by 13.5% year-on-year in May 2026, easing from a more than four-year high and revised gain of 14.6% in the previous month. The moderation was largely driven by slower output growth in the manufacture of transport equipment (0.9% vs 12.6% in April), which accounted for 42% of total industrial production. Additional downward pressure came from softer growth in the manufacture of food products (3.1% vs 6.1%) and a sharp contraction in the manufacture of chemicals and chemical products (-11.5% vs 1.0%). In contrast, several categories saw faster expansion, including the manufacture of coke and refined petroleum products (78.5% vs 60.4%), computer, electronic and optical products (22.6% vs 19.8%), and leather and related products, including footwear (90.9% vs 75.7%). For the January–May period, industrial production rose 8.2% compared with the corresponding period a year earlier.
2026-07-07
Philippines Industrial Output Rises the Most Since 2022
Manufacturing production in the Philippines surged 14.7% year-on-year in April 2026, following an upwardly revised 13.1% increase in March. This was the fastest pace of growth since March 2022, largely driven by a sharp rise in the manufacture of coke and refined petroleum products (60.8% vs 4.6% in March), which accounted for 82.0% of the overall increase. Growth also strengthened in the manufacture of food products (9.7% vs 8.5%), transport equipment (11.8% vs 9.6%), and electrical equipment (10.1% vs 5.5%). Meanwhile, production rose at a slower pace for computer, electronic and optical products (19.0% vs 23.9%) and basic metals (29.1% vs 43.6%). On a seasonally adjusted monthly basis, manufacturing output went up 4.3%, after an upwardly revised 3.8% gain in the previous month. For the first four months of the year, output was 8.8% higher than in the same period last year.
2026-06-05