Philippines Producer Inflation Eases Slightly in April

2026-05-29 01:09 By Judith Sib-at 1 min. read

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.



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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.
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