THE Producer Price Index (PPI) for manufacturing marginally increased by 0.9 percent in December 2025, rising from a 0.1 percent growth in November 2025, according to the Philippine Statistics Authority on Friday.
It was also a rebound from the 0.1 percent annual decline in December 2024.
The PPI measures the average change over time in the selling prices domestic producers receive for their output. It tracks wholesale inflation from the seller’s perspective across manufacturing, mining and agriculture. Rising PPI often signals that higher costs may soon be passed on to consumers as higher retail prices.
The manufacture of computer, electronic and optical products accounted for 46.1 percent of the PPI growth, and had the second-heaviest weight in the PPI computation among the 22 industry divisions for manufacturing.
Other main contributors were the faster annual growths in basic metals and transport equipment. Basic metals rose by 3.1 percent in December 2025 from 0.8 percent in November, while transport equipment climbed by 1.1 from 0.2 percent in the same periods.
Ten of the remaining 19 industry divisions likewise posted annual increases, while nine recorded lower growth in December.
Petroleum coke and refined products topped the overall annual growth rate of PPI for manufactured goods, followed by computer, electronic and optical products, and basic metals.
Prepared animal feeds led the list of products with a declining PPI annual growth rate.
Food products recorded a 0.1 percent drop in December, down from a 0.1 percent annual increase in November. It had an annual increase of 1.8 percent in December 2024.
The decrease in December 2025 was attributed to five of the eight industry groups.
Meanwhile, slower annual declines were seen in the PPI of the processing and preserving of fish, crustaceans and mollusks at 2.9 percent in December from the previous 3.6 percent in November. Grain mill products, starches and starch products also dropped slower at 1.4 percent from 1.8 percent during the previous month.
On the other hand, processed and preserved fruits and vegetables went up by 1.6 percent in December from 1.1 percent in November.
