Wages in Manufacturing in Philippines increased to 113.10 Index Points in the second quarter of 2019 from 98.80 Index Points in the first quarter of 2019. Wages in Manufacturing in Philippines averaged 78.16 Index Points from 1995 until 2019, reaching an all time high of 118.28 Index Points in the third quarter of 2018 and a record low of 48.63 Index Points in the first quarter of 1995.
Wages in Manufacturing in Philippines is expected to be 124.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Philippines to stand at 117.00 in 12 months time. In the long-term, the Philippines Wages in Manufacturing Index is projected to trend around 125.00 Index Points in 2020, according to our econometric models.