Philippines Producer Inflation Edges Up to 3.1% in August
2026-09-30 01:14
By
Judith Sib-at
1 min. read
Producer prices for manufacturing in the Philippines rose 3.1% year-on-year in August 2026, following a 3% increase in each of the previous two months.
The main upward pressure came from prices of coke and refined petroleum products (2.3% vs 1.8% in July), which contributed 35.2% to the increase in the overall growth rate.
Other notable contributors included rubber and plastic products (2.2% vs 1.1%) and food products (1.6% vs 1.5%), particularly the processing and preserving of fish, crustaceans and mollusks industry group (5% vs 4.6%).
Price increases were also seen in computer, electronic and optical products (6.1% vs 6.0%), chemicals and chemical products (5.8% vs 5.7%), beverages (3.2% vs 3.1%), and other non-metallic mineral products (3.2% vs 2.9%), while price growth was unchanged for basic metals (5.6%) and transport equipment (2.7%).
Monthly, the PPI rose by 0.3% in August, after flat readings in July and June.
For the January-August period, producer prices increased by 2.5%.