Producer prices in the Philippines rose by 4.3 percent year-on-year in January 2019, much faster than a downwardly revised 0.3 percent gain in December. It was the highest producer inflation since December 2008, amid increases in cost of electrical machinery (6.1 pct vs 7.6 pct in December); machinery except electrical (5.8 pct vs 12.6 pct); non-metallic mineral products (5.9 pct vs 8.1 pct); beverages (1.5 pct vs 14.2 pct); and fabricated metal products (1.3 pct vs 2.3 pct). In addition, cost rebounded for: transport equipment 93.6 pct vs -0.5 pct); and rubber & plastics (5.9 pct vs -2.9 pct). In contrast, there are falls in cost of petroleum products (-7.5 pct vs 9.2 pct); chemicals (-1.3 pct vs -0.3 pct); basic metals (-1.9 pct vs 0.1 pct); and wood & wood products (-4.5 pct vs -5.0 pct). On a monthly basis, producer prices went up 5.8 percent in January, after a 0.3 percent drop in December. Producer Prices Change in Philippines averaged 2.71 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 1.10 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 0.50 in 12 months time. In the long-term, the Philippines Producer Prices Change is projected to trend around 0.30 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
2018-11-29 02:00 AM PPI YoY -0.6% 0.2% 1.5%
2019-01-02 02:40 AM PPI YoY 0.3% 0.3% -0.5%
2019-01-30 02:00 AM PPI YoY 0.8% 0.8% 0.4%
2019-03-01 02:00 AM PPI YoY 4.3% 0.3% 0.9%
2019-03-29 02:00 AM PPI YoY 4.3% 4.5%
2019-04-30 02:00 AM PPI YoY 4.1%
2019-05-30 02:00 AM PPI YoY


Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 3.80 4.40 62.80 -2.10 percent [+]
Inflation Rate Mom 0.10 0.10 9.00 -4.80 percent [+]
Consumer Price Index CPI 119.30 119.10 119.80 1.00 Index Points [+]
Core Consumer Prices 117.80 117.50 117.80 59.24 Index Points [+]
Core Inflation Rate 3.90 4.40 7.25 1.40 percent [+]
GDP Deflator 199.00 190.10 199.00 12.87 Index Points [+]
Producer Prices 139.97 132.90 180.70 81.10 Index Points [+]
Producer Prices Change 4.30 0.30 17.50 -10.00 percent [+]
Food Inflation 4.70 5.60 17.30 -0.80 percent [+]
Import Prices 119.32 114.15 138.30 11.46 Price Index [+]
Export Prices 107.55 91.59 133.52 8.57 Price Index [+]
CPI Housing Utilities 112.70 111.90 112.70 97.90 Index Points [+]
CPI Transportation 104.00 103.90 108.80 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 0.30 17.50 -10.00 1999 - 2019 percent Monthly
2000=100; NSA




Country Last Previous
Argentina 68.30 Jan/19
Australia 2.00 Dec/18
Brazil 7.90 Jan/19
Canada 1.00 Jan/19
China 0.10 Feb/19
Euro Area 3.00 Jan/19
France 1.40 Jan/19
Germany 2.60 Feb/19
India 2.93 Feb/19
Indonesia 3.19 Jan/19
Italy 3.40 Jan/19
Japan 0.80 Feb/19
Mexico 4.52 Feb/19
Netherlands 1.35 Jan/19
Russia 9.00 Feb/19
Saudi Arabia -0.60 Jan/19
Singapore -1.90 Jan/19
South Africa 4.10 Jan/19
South Korea -0.20 Feb/19
Spain 1.80 Jan/19
Switzerland -0.70 Feb/19
Turkey 29.59 Feb/19
United Kingdom 2.20 Feb/19
United States 1.90 Feb/19


Related

Latest