FX.co ★ Philippines Industrial Output Rebounds to 1.9% in December, Breaking Year-Long Decline

Philippine industrial production returned to growth in December 2025, rising 1.9% year-over-year after contracting 1.0% in November 2025. The latest data, updated on 6 February 2026, mark a notable turnaround in the country’s industrial performance on an annual comparison basis.

The figures are based on year-over-year changes, with the December result comparing output to December a year earlier, and November’s reading measured against November of the previous year. The move from negative to positive territory suggests stabilizing conditions in the industrial sector at the end of 2025, after the prior month’s decline.

The improvement in December’s reading will be closely watched by investors and policymakers as an early signal of potential momentum in Philippine manufacturing and broader industrial activity going into 2026, following a period of subdued output.