Producer prices in the Philippines rose by 3.8 percent year-on-year in April 2019, easing from an upwardly revised 4.5 percent gain in March. Prices slowed for non-metallic mineral products (9.5 pct vs 10.3 pct in March); rubber & plastics (5.7 pct vs 5.9 pct); beverages (2.5 pct vs 2.6 pct); fabricated metal products (3.1 pct vs 6.1 pct); electrical machinery (0.3 pct vs 1.5 pct); and leather products (2 pct vs 4.6 pct). In addition, cost fell further for food manufacturing (-4 pct vs -3.6 pct); basic metals (-8 pct vs -4.4 pct); miscellaneous manufactures (-6.7 pct vs -4.9 pct); wood & wood products (-5.3 pct vs -1.8 pct); footwear & wearing apparel (-2 pct vs -1.6 pct); and textiles (-3.5 pct vs -3.3 pct). Also, cost of petroleum dropped (-1.1 pct vs 5 pct). On a monthly basis, producer prices declined 0.4 percent in April, after an upwardly revised 0.3 percent rise in March. 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 2.70 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 1.60 in 12 months time. In the long-term, the Philippines Producer Prices Change is projected to trend around 3.30 percent in 2020, according to our econometric models.

Philippines Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-01 02:00 AM PPI YoY 4.3% 0.3% 0.9%
2019-03-29 01:00 AM PPI YoY 3.6% 3.8% 4.5%
2019-04-30 01:20 AM PPI YoY 3.6% 2.6% 3.2%
2019-05-30 01:00 AM PPI YoY 3.8% 4.5% 3.2%
2019-07-02 01:00 AM PPI YoY 3.8% 2.8%
2019-07-30 02:00 AM PPI YoY 2.7%
2019-08-30 01:00 AM PPI YoY


Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 3.20 3.00 62.80 -2.10 percent [+]
Inflation Rate Mom 0.30 0.20 9.00 -4.80 percent [+]
Consumer Price Index CPI 119.80 119.60 119.90 1.00 Index Points [+]
Core Consumer Prices 118.70 118.50 118.70 59.24 Index Points [+]
Core Inflation Rate 3.50 3.40 7.25 1.40 percent [+]
GDP Deflator 186.39 198.26 198.26 12.87 Index Points [+]
Producer Prices 138.68 139.18 180.70 81.10 Index Points [+]
Producer Prices Change 3.80 4.50 17.50 -10.00 percent [+]
Food Inflation 3.40 3.00 17.30 -0.80 percent [+]
Import Prices 119.16 119.32 138.30 11.46 Price Index [+]
Export Prices 101.91 107.55 133.52 8.57 Price Index [+]
CPI Housing Utilities 113.60 113.70 113.70 97.90 Index Points [+]
CPI Transportation 108.00 107.20 108.80 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 4.50 17.50 -10.00 1999 - 2019 percent Monthly
2000=100; NSA




Country Last Previous
Argentina 66.90 Mar/19
Australia 1.90 Mar/19
Brazil 10.30 Mar/19
Canada 1.80 Apr/19
China 0.60 May/19
Euro Area 2.60 Apr/19
France 2.20 Apr/19
Germany 1.90 May/19
India 2.45 May/19
Indonesia 2.08 Mar/19
Italy 2.10 Apr/19
Japan 0.70 May/19
Mexico 4.52 Feb/19
Netherlands 3.17 Apr/19
Russia 8.60 May/19
Saudi Arabia 1.10 Apr/19
Singapore 0.40 Apr/19
South Africa 6.50 Apr/19
South Korea 0.40 May/19
Spain 2.30 Apr/19
Switzerland -0.80 May/19
Turkey 28.71 May/19
United Kingdom 1.80 May/19
United States 1.80 May/19


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