Manufacturing PPI growth slows to 0.1% in November

The Producer Price Index (PPI) for manufacturing experienced a slowdown in growth, registering only 0.1% year-on-year in November 2025, a decrease from 0.5% in October 2024, according to preliminary data from the Philippine Statistics Authority (PSA).

This deceleration was primarily due to the annual decline in the PPI for the manufacture of transport equipment industry division, which posted a 0.1% decrease in November 2025 from a 1% increase in October 2025, and contributed 25.8% to the slower PPI growth.

The PPI for the manufacture of transport equipment saw a slip to 0.1% growth year-on-year in November 2025, a considerable drop from the 2.1% rise recorded a year prior.

Food products also contributed to the PPI growth deceleration, with its year-on-year growth falling to 0.1% in November 2025 from 0.5% in October 2024.

Manufacture of computer, electronic and optical products was another major contributor, registering a faster dip at 0.5% in November 2025 from 0.01% in October 2025.