FX.co ★ Philippines Producer Inflation Slows in March

In March 2025, the Producer Price Index (PPI) in the Philippines experienced a 0.6% year-on-year increase, a deceleration from the revised 0.9% rise noted in February. This slower growth rate can be largely attributed to the diminished price escalation in the manufacturing sector of computer, electronic, and optical products, which saw an increase of 1.3% compared to 2.1% in the previous month, contributing 38.6% to the overall annual rate. Additionally, there were more modest price increments observed in the sectors of coke and refined petroleum products (1.6% up from 2.9%), other manufacturing and the repair and installation of machinery and equipment (1.6% down from 3.0%), as well as wearing apparel (1.2% compared to 2.5%). On a month-to-month basis, producer prices decreased slightly by 0.1% in March, following a 0.2% reduction in February.