The producer prices in the Philippines declined by 3.9 percent year-on-year in April 2020, the least since December last year, after a downwardly revised 5.1 percent drop in the previous month. On a monthly basis, producer prices fell 0.6 percent in April, after a downwardly revised 0.03 percent drop in March.
Producer Prices Change in Philippines averaged 2.53 percent from 1999 until 2020, 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 2020. source: National Statistics Office of Philippines
Producer Prices Change in Philippines is expected to be -4.00 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 2.30 in 12 months time. In the long-term, the Philippines Producer Prices Change is projected to trend around 3.30 percent in 2021, according to our econometric models.