Producer prices in the Philippines rose by 0.8 percent year-on-year in December 2018, unchanged from an upwardly revised figure in the previous month and remaining the lowest reading since April. Cost slowed for petroleum products (9 pct vs 12.9 pct in November); tobacco products (13.7 pct vs 19.7 pct) and basic metals (0.9 pct vs 5.9 pct) and fell further for transport equipment (-0.9 pct vs -0.3 pct) and leather (-17.2 pct vs -6.7 pct). Meanwhile, cost increased at a faster pace for electrical machinery (7.5 pct vs 7 pct); machinery except electrical (12.6 pct vs 10.4 pct); non-metallic mineral (8.2 pct vs 7.7 pct) and fabricated metal products (1.1 pct vs 0.2 pct). Also, prices declined less for rubber & plastic (-2.9 pct vs -3 pct); furniture & fixtures (-7.1 pct vs -7.9 pct) and chemical products (-0.2 pct vs -1.2 pct) while inflation was steady for beverages (at 14.2 pct). On a monthly basis, producer prices fell 0.2 percent, after a 0.1 percent drop in November. Producer Prices Change in Philippines averaged 2.67 percent from 1999 until 2018, reaching an all time high of 17.50 percent in January of 2001 and a record low of -10 percent in March of 2013.

Producer Prices Change in Philippines is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Philippines to stand at 0.50 in 12 months time. In the long-term, the Philippines Producer Prices Change is projected to trend around 0.30 percent in 2020, according to our econometric models.

Philippines Producer Prices Change
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 02:00 AM PPI YoY -0.2% -0.8% 1.2%
2018-11-29 02:00 AM PPI YoY -0.6% 0.2% 1.5%
2019-01-02 02:40 AM PPI YoY 0.3% 0.3% -0.5%
2019-01-30 02:00 AM PPI YoY 0.8% 0.8% 0.4%
2019-03-01 02:00 AM PPI YoY 0.8%
2019-03-29 02:00 AM PPI YoY
2019-04-30 02:00 AM PPI YoY 1.1%


Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 4.40 5.10 62.80 -2.10 percent [+]
Inflation Rate Mom 0.10 -0.40 9.00 -4.80 percent [+]
Consumer Price Index CPI 119.10 118.90 119.80 1.00 Index Points [+]
Core Consumer Prices 117.50 117.30 117.50 59.24 Index Points [+]
Core Inflation Rate 4.40 4.70 7.25 1.40 percent [+]
GDP Deflator 199.00 190.10 199.00 12.87 Index Points [+]
Producer Prices 132.90 133.20 180.70 81.10 Index Points [+]
Producer Prices Change 0.80 0.80 17.50 -10.00 percent [+]
Food Inflation 5.60 6.70 17.30 -0.80 percent [+]
Import Prices 119.32 114.15 138.30 11.46 Price Index [+]
Export Prices 107.55 91.59 133.52 8.57 Price Index [+]
CPI Housing Utilities 111.90 111.90 112.30 97.90 Index Points [+]
CPI Transportation 103.90 104.60 108.80 91.90 Index Points [+]


Philippines Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Philippines Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.80 17.50 -10.00 1999 - 2018 percent Monthly
2000=100; NSA




Country Last Previous
Argentina 75.50 Dec/18
Australia 2.00 Dec/18
Brazil 8.80 Dec/18
Canada 2.20 Dec/18
China 0.10 Jan/19
Euro Area 3.00 Dec/18
France 1.20 Dec/18
Germany 2.70 Dec/18
India 2.76 Jan/19
Indonesia 4.32 Dec/18
Italy 4.10 Dec/18
Japan 0.60 Jan/19
Mexico 4.97 Jan/19
Netherlands 0.58 Dec/18
Russia 11.70 Dec/18
Saudi Arabia 15.70 Dec/18
Singapore -0.40 Dec/18
South Africa 5.20 Dec/18
South Korea 1.00 Dec/18
Spain 1.60 Dec/18
Switzerland -0.50 Jan/19
Turkey 32.93 Jan/19
United Kingdom 2.10 Jan/19
United States 2.00 Jan/19


Related

Latest