The producer prices in the Philippines declined by 1.8 percent year-on-year in August 2021, after a revised 1.7 percent drop in the previous month. This was the 11th straight month of fall in producer prices, amid the ongoing COVID-19 outbreak. On a monthly basis, producer prices increased by 0.1 percent in August, slowing from a 0.4 percent growth in July. source: Phillipine Statistics Authority

Producer Prices in Philippines averaged 101.15 points from 1998 until 2021, reaching an all time high of 131.69 points in September of 2008 and a record low of 59.10 points in March of 1998. This page provides - Philippines Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Producer Prices - values, historical data and charts - was last updated on October of 2021.

Producer Prices in Philippines is expected to be 94.99 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Producer Prices is projected to trend around 96.42 points in 2022 and 97.86 points in 2023, according to our econometric models.

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Philippines Producer Prices

Philippines Last Unit Reference Previous Highest Lowest
Inflation Rate Mom 0.00 percent Sep/21 0.60 8.80 -4.50
Consumer Price Index CPI 129.30 points Sep/21 129.30 129.30 1.00
Core Inflation Rate 3.30 percent Sep/21 3.30 7.25 1.40
Core Consumer Prices 127.70 points Sep/21 127.30 127.70 59.24
Producer Prices 90.50 points Aug/21 90.58 131.69 59.10
Food Inflation 6.40 percent Sep/21 6.50 17.30 -0.90
CPI Transportation 121.00 points Sep/21 120.80 121.00 91.90
CPI Housing Utilities 118.40 points Sep/21 118.00 118.40 97.90

Philippines Producer Prices
In Philippines, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.