Philippines Manufacturing Production1986-2020 Data | 2021-2022 Forecast | Calendar

Manufacturing production in the Philippines plunged 42.1 percent year-on-year in May 2020, after a downwardly revised 45.5 percent slump a month earlier. This was the 18th straight month of decline in manufacturing output, reflecting the severe impact caused bythe COVID-19 outbreak that led factory closures and movement restrictions. Production fell in all major groups: leather products (-40.8% vs -39.4% in April), footwear and wearing apparel (-78.7% vs -92.0%, furniture and fixtures (-11.0% vs -86.7%), fabricated mineral products (-59.7% vs -62.7%), non-metallic mineral products (-28.4% vs -58.8%), transport equipment (-80.3% vs -82.0%), beverages (-54.6% vs -73.5%), miscellaneous manufactures (-53.0% vs -64.3%), machinery except electrical (-62.3% vs -63.0%), electrical machinery (-37.8% vs -50.2%), printing (-61.4% vs -58.1%), petroleum products (-92.1% vs -57.5%), textiles (-43.9% vs -36.7%), basic metals (-46.2% vs -45.0%), and chemical products (-9.4% vs -9.0%).

Manufacturing production in the Philippines tumbled 61.4 percent year-on-year in April of 2020, after a revised 12.4 percent fall in a month earlier. This was the 17th straight month of decline in manufacturing output and the steepest on record, severely affected by the COVID-19 outbreak that led factory closures and movement restrictions. Output fell in all major groups: leather products (-99% vs -15% in March), footwear and wearing apparel (-97.8% vs -10.6%, furniture and fixtures (-91.7% vs -10.5%), fabricated mineral products (-88.5% vs 6.5%), non-metallic mineral products (-87.4% vs -24.1%), transport equipment (-82.7% vs -14.5%), beverages (-80.4% vs -11.4%), miscellaneous manufactures (-78.4% vs -24.5%), machinery except electrical (-74.8% vs -15.4%), electrical machinery (-61.3% vs -22.8%), printing (-57.1% vs 13.9%), petroleum products (-53.5% vs -33.8%), textiles (-52.2% vs -11.2%), basic metals (-46.6% vs -5.9%), and chemical products (-41% vs 8.4%).

Manufacturing production in the Philippines tumbled 11.3 percent year-on-year in March of 2020, after a downwardly revised 1 percent fall in a month earlier. This was the 16th straight month of decline in manufacturing output and the steepest since April 2019, severely affected by the COVID-19 outbreak that led factory closures and movement restrictions. Output fell in most of major groups: petroleum products (-40.5% vs -32.3% in February), miscellaneous manufactures (-30.2% vs -23.8%), non-metallic mineral products (-27.5% vs 2.7%), electrical machinery (-24.5% vs -8.9%), basic metals (-13.3% vs -14.9%), machinery except electrical (-12.7% vs 21.6%), footwear & wearing apparel (-20.1% vs -4.4%), transport equipment (-4.4% vs -8.1%), textiles (-15.7% vs -9.4%), leather products (-27.6% vs -26.1%), and rubber and plastics (-6.6% vs 0.7%). In contrast, output grew for chemical products (6.1% vs 10.8%), furniture & fixtures (35.1% vs -6.4%), and printing (16.1% vs 52.5%).

Industrial production in the Philippines dropped 1.8 percent year-on-year in February of 2020, after a downwardly revised 5.2 percent fall in a month earlier. This was the 15th straight month of decline in industrial output and the slowest since January 2019, as production shrank less for petroleum products (-35.9% vs -40.9% in January), electrical machinery (-8.9% vs -10.9%), miscellaneous manufactures (-24.4% vs -25.4%), transport equipment (-12.1% vs -17.8%), textiles (-9.4% vs -16.3%), leather products (-26.1% vs -30.1%). However, output fell faster for basic metals (-14.9% vs -3%), tobacco products (-26.1% vs -12.1%), and footwear and apparel (-4.5% vs -2.1%). In contrast, production grew for machinery except electrical (22.8% vs 18.8%), chemicals (11.8% vs 5.1%), fabricated metal products (17.8% vs 25.2%), printing (40.9% vs 41.7%), food manufacturing (2.9% vs 1.4%), beverages (20.0% vs 0.8%). Also, output rebounded primarily for rubber & plastics (0.7% vs -5.3%).