Producer prices in the Philippines rose by 2.9% year-on-year in May 2026, accelerating from an upwardly revised 2.6% in the previous month. It marked the highest reading since March 2023, driven primarily by a faster increase in prices for the manufacture of computer, electronic, and optical products (5.9% vs 4.4% in April), which accounted for 50.8% of the overall annual growth in producer prices. Other major contributors included the manufacture of basic metals (5.4% vs 3.8%) and chemicals and chemical products (3.9% vs 3.2%). Meanwhile, price growth for the manufacture of food products eased (1.3% vs 1.5%), largely reflecting a steeper decline in vegetable and animal oils and fats (-4.9% vs -3.5%). On a monthly basis, producer prices rose 0.2% in May, following a revised flat reading in April. For the January–May period, the producer prices averaged a 2.1% increase compared with the same period a year earlier. source: Philippine Statistics Authority

Producer Prices in Philippines increased 2.90 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Philippines averaged 2.11 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 July of 2026.

Producer Prices in Philippines increased 2.90 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Philippines is expected to be 3.40 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 2.20 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 01:00 AM
PPI YoY
Apr 2.4% 2.6% 3.4%
2026-06-30 01:00 AM
PPI YoY
May 2.9% 2.6% 2.9%
2026-07-30 01:00 AM
PPI YoY
Jun 2.9% 3.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 135.40 135.80 points Jun 2026
Core Consumer Prices 133.80 133.20 points Jun 2026
Core Inflation Rate YoY 4.40 4.10 percent Jun 2026
CPI Housing Utilities 132.00 132.20 points Jun 2026
CPI Transportation 145.00 148.60 points Jun 2026
Export Prices 101.50 101.54 points Mar 2026
Food Inflation 5.20 5.70 percent Jun 2026
GDP Deflator 123.15 124.26 points Mar 2026
Import Prices 100.52 100.70 points Mar 2026
Inflation Rate YoY 6.40 6.80 percent Jun 2026
Inflation Rate MoM -0.30 -0.50 percent Jun 2026
Producer Prices 100.75 100.52 points May 2026
PPI YoY 2.90 2.60 percent May 2026
Retail Price Index YoY 4.00 4.50 percent May 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
2.90 2.60 17.50 -10.00 1999 - 2026 percent Monthly
2018=100; NSA

News Stream
Philippines Producer Inflation Hits Over 3-Year High
Producer prices in the Philippines rose by 2.9% year-on-year in May 2026, accelerating from an upwardly revised 2.6% in the previous month. It marked the highest reading since March 2023, driven primarily by a faster increase in prices for the manufacture of computer, electronic, and optical products (5.9% vs 4.4% in April), which accounted for 50.8% of the overall annual growth in producer prices. Other major contributors included the manufacture of basic metals (5.4% vs 3.8%) and chemicals and chemical products (3.9% vs 3.2%). Meanwhile, price growth for the manufacture of food products eased (1.3% vs 1.5%), largely reflecting a steeper decline in vegetable and animal oils and fats (-4.9% vs -3.5%). On a monthly basis, producer prices rose 0.2% in May, following a revised flat reading in April. For the January–May period, the producer prices averaged a 2.1% increase compared with the same period a year earlier.
2026-06-30
Philippines Producer Inflation Eases Slightly in April
Producer prices in the Philippines rose by 2.4% year-on-year in April 2026, easing slightly from an upwardly revised 2.6% increase in March, which had marked the highest reading in three years. The moderation was mainly due to slower price growth for coke and refined petroleum products (5.3% vs 8.2% in March), which accounted for 62.7% of the annual increase in the manufacturing PPI during the month. Price growth also softened for computer, electronic, and optical products (4.3% vs 4.9%) and basic metals (3.8% vs 4.9%). Meanwhile, inflation picked up for food (1.4% vs 1.2%), led by the processing and preserving of fish, crustaceans, and mollusks industry, which recorded a 1.8% rise after falling 2.3% in the prior month. Other notable price increases were observed in transport equipment (1.9% vs 1.0%), chemicals and chemical products (1.8% vs 0.8%), and other non-metallic mineral products (2.0% vs 0.9%). Monthly, the PPI edged down by 0.1%, after an upwardly revised 1.2% rise in March.
2026-05-29
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