FX.co ★ Philippines Industrial Output Surges 10.5% YoY in March, More Than Doubling February Growth

Industrial production in the Philippines accelerated sharply in March 2026, rising 10.5% year-over-year, according to data updated on 6 May 2026. This marks a significant strengthening from February 2026, when industrial output expanded by 4.5% compared with the same month a year earlier.

The figures highlight a notable improvement in the year-over-year performance of the country’s industrial sector, as March’s growth rate more than doubled the previous month’s pace on the same comparison basis. The data compare each month’s output to its level a year before, underscoring a strong rebound in March 2026 versus March 2025, following the more moderate gains seen in February.