Producer prices in the Philippines jumped by 2.5% year-on-year in March 2026, accelerating from 1.4% in the previous month. This marked the highest level since April 2023, largely driven by higher costs in the manufacture of coke and refined petroleum products (8.7% vs 3.6%), which accounted for 49.4% of the annual growth in manufacturing PPI. Prices also rose faster for computer, electronic and optical products (5.3% vs 3.4%), basic metals (4.3% vs 3.2%), beverages (2.0% vs 1.7%), fabricated metal products, except machinery and equipment (2.2% vs 1.8%), and tobacco products (1.6% vs 0.9%). Meanwhile, inflation eased for food products (0.7% vs 0.9%), weighed down by the vegetable and animal oils and fats group, which posted a 1.4% decline after a 0.4% increase. Deflation also persisted in paper and paper products (-1.2% vs -1.0%). On a monthly basis, producer prices rose 0.9% in March, rebounding from a 0.1% decline in the previous month. source: Philippine Statistics Authority

Producer Prices in Philippines increased 2.50 percent in March of 2026 over the same month in the previous year. Producer Prices Change in Philippines averaged 2.10 percent from 1999 until 2026, reaching an all time high of 17.50 percent in January of 2001 and a record low of -10.00 percent in March of 2013. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Producer Prices in Philippines increased 2.50 percent in March of 2026 over the same month in the previous year. Producer Prices Change in Philippines is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Producer Prices Change is projected to trend around 3.00 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-27 01:00 AM
PPI YoY
Feb 1.4% 1.3% 1.7%
2026-04-30 01:00 AM
PPI YoY
Mar 2.5% 1.4% 2.7%
2026-05-29 01:00 AM
PPI YoY
Apr 2.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 136.50 133.00 points Apr 2026
Core Consumer Prices 132.80 131.70 points Apr 2026
Core Inflation Rate YoY 3.90 3.20 percent Apr 2026
CPI Housing Utilities 132.60 127.50 points Apr 2026
CPI Transportation 156.50 142.30 points Apr 2026
Export Prices 114.65 113.37 points Dec 2025
Food Inflation 6.00 2.90 percent Apr 2026
GDP Deflator 123.15 124.26 points Mar 2026
Import Prices 122.85 123.13 points Dec 2025
Inflation Rate YoY 7.20 4.10 percent Apr 2026
Inflation Rate MoM 2.60 1.40 percent Apr 2026
Producer Prices 100.46 99.55 points Mar 2026
PPI YoY 2.50 1.40 percent Mar 2026
Retail Price Index YoY 4.80 2.10 percent Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 1.40 17.50 -10.00 1999 - 2026 percent Monthly
2018=100; NSA

News Stream
Philippines Producer Inflation Hits Near 3-Year High
Producer prices in the Philippines jumped by 2.5% year-on-year in March 2026, accelerating from 1.4% in the previous month. This marked the highest level since April 2023, largely driven by higher costs in the manufacture of coke and refined petroleum products (8.7% vs 3.6%), which accounted for 49.4% of the annual growth in manufacturing PPI. Prices also rose faster for computer, electronic and optical products (5.3% vs 3.4%), basic metals (4.3% vs 3.2%), beverages (2.0% vs 1.7%), fabricated metal products, except machinery and equipment (2.2% vs 1.8%), and tobacco products (1.6% vs 0.9%). Meanwhile, inflation eased for food products (0.7% vs 0.9%), weighed down by the vegetable and animal oils and fats group, which posted a 1.4% decline after a 0.4% increase. Deflation also persisted in paper and paper products (-1.2% vs -1.0%). On a monthly basis, producer prices rose 0.9% in March, rebounding from a 0.1% decline in the previous month.
2026-04-30
Philippines Producer Inflation Hits Fresh 2023 High
Producer prices in the Philippines rose by 1.4% year-on-year in February 2026, up from a downwardly revised 1.3% in January, marking the highest level since May 2023. Costs increased in the manufacture of computer, electronic and optical products (2.9% vs 2.7%), which accounted for 26.6% of the annual growth in manufacturing PPI. Prices also picked up in beverages (1.7% vs 1.1%), basic metals (2.6% vs 2.3%), coke and refined petroleum products (3.6% vs 3.4%), fabricated metal products except machinery and equipment (2% vs 1.7%), and furniture (1.7% vs 0.9%). Meanwhile, inflation increased at a slower pace in food products (1.2% vs 1.4%), weighed down by the vegetable and animal oils and fats group, which posted 6.8% growth from 7.6% in January. Costs also moderated in transport equipment (1.2% vs 1.5%), while deflation persisted in rubber and plastic products (-1.4% vs -0.8%). On a monthly basis, producer prices fell 0.1% in February, reversing from 0.2% growth in the previous month.
2026-03-27
Philippines Producer Inflation at Highest Since 2023
Producer prices in the Philippines rose by 1.5% year-on-year in January 2026, accelerating from a downwardly revised 0.8% in the previous month and marking the highest reading since May 2023. Costs rebounded for food products (1.3% vs -0.1% in December), contributing 38.5% to the faster annual growth in manufacturing PPI. Prices also rose at a faster pace for computer, electronic and optical products (2.6% vs 0.8%), machinery and equipment except electrical (2.2% vs -0.4%), and wood, bamboo, cane, rattan articles and related products (1% vs -0.4%). Meanwhile, inflation eased for coke and refined petroleum products (3.4% vs 4.3%) and tobacco products (1.9% vs 3.5%), while prices declined for electrical equipment (-1.5% vs 0.2%) and wearing apparel (-0.5% vs 1.1%). On a monthly basis, producer prices rose by 0.5%, following a downwardly revised 0.1% increase in December.
2026-02-27