THE country’s producer price index (PPI) for agriculture posted a slower annual decline in the second quarter (Q2) this year, the Philippine Statistics Authority (PSA) reported on Friday.
The agriculture PPI fell 11.7 percent from April to June, easing from the 13.2-percent decline in Q1. The index declined 3.6 percent in Q2 of 2025.
The PPI measures changes in the prices received by domestic producers for their goods and services.
Quarter on quarter, agriculture producer prices fell 3.6 percent in Q2, reversing the 5.1-percent increase in the previous quarter.
Producer prices for crops dropped 12.4 percent year on year, slower than the 14.7-percent contraction in Q1. Crop prices fell 6.3 percent in Q2 of 2025.
Among crop groups, slower annual declines were recorded in fruit vegetables at 19.5 percent from 22.6; fruits, 17.6 percent from 23.3; and commercial crops, 22.6 percent from 24.6.
In contrast, producer prices for cereals increased at a faster rate of 24.5 percent from 17.2 in the previous quarter, while root crops accelerated to 31.7 percent from 15.3.
Sharper declines were recorded in beans and legumes at 11.6 percent from 3.1; condiments, 39.4 percent from 32.6; and leafy vegetables at 55.7 percent from 21.
Quarter on quarter, the PPI for crops declined 3.4 percent, slower than the 6.3-percent drop in Q1.
Producer prices for livestock and poultry, meanwhile, fell 13.2 percent year on year, steeper than the 12.2-percent decline in the previous quarter. The index had increased 5.7 percent in Q2 of 2025.
Livestock prices decreased 16.5 percent from a 13.1-percent drop in Q1. Poultry prices, however, posted a slower decline at 7.8 percent from 11.
Quarter on quarter, livestock and poultry prices slipped 0.2 percent, easing from a 4.5-percent decline previously.
The fisheries PPI fell 6.9 percent year on year, faster than the 5.7-percent decline in Q1. It had risen 1.1 percent in Q2 of 2025.
Marine municipal fisheries prices dropped 12.8 percent, while aquaculture prices fell 2.1 percent, reversing a 0.4-percent increase in the previous quarter.
Commercial fisheries bucked the trend, with producer prices rising 10.7 percent, accelerating from 0.6 percent in Q1.
Inland municipal fisheries prices declined 17.8 percent, slightly slower than the previous quarter’s 18.6-percent drop.
Quarter on quarter, the fisheries PPI fell 8.7 percent, reversing the 2.2-percent increase recorded in Q1.
