The producer prices in the Philippines increased by 6.1 percent year-on-year in April 2022, after an upwardly revised 5.1 percent rise in the previous month. The latest reading marked the highest producer inflation since December 2008, amid surging commodity prices. On a monthly basis, producer prices rose 0.6 percent in April, after a 0.7 percent gain in March. source: Philippine Statistics Authority
Producer Prices Change in Philippines averaged 2.18 percent from 1999 until 2022, reaching an all time high of 17.50 percent in January of 2001 and a record low of -10 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 June of 2022.
Producer Prices Change in Philippines is expected to be 2.50 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 1.50 percent in 2023, according to our econometric models.