The producer price inflation in the Philippines fell to 1.1 percent year-on-year in July 2019 from an upwardly revised 1.4 percent gain in the prior month. Prices eased for rubber & plastics (4.2% vs 5.2% in June) and beverages (2.9% vs 3.3%). Also, cost fell further for chemicals (-5.5% vs -4.9%); basic metals (-7.9% vs -6.4%); petroleum products (-2.9% vs -1.9%); electrical machinery (-5.1% vs -0.9%); fabricated metal products (-9.6% vs -8.4%); miscellaneous manufactures (-8.8% vs -7.3%); paper (-2.4% vs -1%) and textiles (-2.4% vs -1.6%). In contrast, prices rose at faster pace for both non-metallic mineral products (8% vs 7.6%) and furniture & fixture (64% vs 60.6%). Additionally, cost dropped less for transport equipment (-2.3% vs -2.5%); machinery except electrical (-1.9% vs -3.5%); footwear (-7.8% vs -9.9%); leather products (-12.5% vs -22.4%); and wood & wood products (-5.9% vs -7.1%). On a monthly basis, producer prices went down 0.4 percent, after a 0.2 percent fall in June. Producer Prices Change in Philippines averaged 2.69 percent from 1999 until 2019, reaching an all time high of 17.50 percent in January of 2001 and a record low of -10 percent in March of 2013.

Producer Prices Change in Philippines is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Philippines to stand at 2.50 in 12 months time. In the long-term, the Philippines Producer Prices Change is projected to trend around 3.30 percent in 2020, according to our econometric models.

Philippines Producer Prices Change
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-05-30 01:00 AM PPI YoY Apr 3.8% 4.5% 3.2%
2019-07-02 01:00 AM PPI YoY May 2.7% 3.6% 2.8%
2019-07-30 01:00 AM PPI YoY Jun 1% 0.9% 2.7%
2019-08-30 01:00 AM PPI YoY Jul 1.1% 1.4% 0.7%
2019-10-01 02:50 AM PPI YoY Aug 1.1%
2019-10-30 02:00 AM PPI YoY Sep 1.8%
2019-11-29 02:00 AM PPI YoY Oct


Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 2.40 62.80 -2.10 percent [+]
Inflation Rate Mom 0.20 0.30 8.80 -4.50 percent [+]
Consumer Price Index CPI 120.40 120.20 120.40 1.00 Index Points [+]
Core Consumer Prices 119.50 119.30 119.50 59.24 Index Points [+]
Core Inflation Rate 2.90 3.20 7.25 1.40 percent [+]
GDP Deflator 186.30 186.39 198.26 12.87 Index Points [+]
Producer Prices 135.25 135.77 180.70 81.10 Index Points [+]
Producer Prices Change 1.10 1.40 17.50 -10.00 percent [+]
Food Inflation 0.60 1.90 17.30 -0.80 percent [+]
Import Prices 116.44 119.16 138.30 11.46 Price Index [+]
Export Prices 91.45 101.91 133.52 8.57 Price Index [+]
CPI Housing Utilities 113.40 113.70 113.70 97.90 Index Points [+]
CPI Transportation 106.00 106.10 108.80 91.90 Index Points [+]


Philippines Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Philippines Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.40 17.50 -10.00 1999 - 2019 percent Monthly
2000=100; NSA




Country Last Previous
Argentina 52.40 Jul/19
Australia 2.00 Jun/19
Brazil 6.50 Jul/19
Canada -1.70 Jul/19
China -0.80 Aug/19
Euro Area 0.20 Jul/19
France 0.00 Jul/19
Germany 1.10 Jul/19
India 1.08 Aug/19
Indonesia 0.90 Aug/19
Italy -0.50 Jul/19
Japan -0.90 Aug/19
Mexico 3.38 Jul/19
Netherlands 0.19 Jul/19
Russia 1.10 Jul/19
Saudi Arabia 2.70 Jul/19
Singapore -6.00 Jul/19
South Africa 4.90 Jul/19
South Korea -0.30 Jul/19
Spain -0.80 Jul/19
Switzerland -1.90 Aug/19
Turkey 13.45 Aug/19
United Kingdom 1.80 Jul/19
United States 1.80 Aug/19


Related

Latest