The producer prices in the Philippines declined by 3.1 percent year-on-year in March 2021, after a revised 5.5 percent drop in the previous month. This was the 15th straight month of fall in producer prices but the weakest pace in three months, amid the ongoing COVID-19 outbreak. On a monthly basis, producer prices edged down by 0.04 percent in March after rising 0.05 percent in February. source: Phillipine Statistics Authority
Producer Prices in Philippines averaged 101.36 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 May of 2021.
Producer Prices in Philippines is expected to be 91.77 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in Philippines to stand at 96.17 in 12 months time. In the long-term, the Philippines Producer Prices is projected to trend around 97.31 points in 2022 and 98.77 points in 2023, according to our econometric models.