The producer prices in the Philippines increased by 0.5 percent year-on-year in November 2019, swinging from a revised 0.8 percent gain in the prior month. On a monthly basis, producer prices dropped 0.3 percent in November, after a revised 0.9 percent fall in October.
Producer Prices Change in Philippines averaged 2.66 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. 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. source: National Statistics Office of Philippines
Producer Prices Change in Philippines is expected to be 0.50 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 2.00 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.