PH manufacturing posts 10-month high growth in May

The Philippines' manufacturing sector experienced its strongest growth in ten months, expanding by 4.9 percent in May 2025, according to preliminary data from the Philippine Statistics Authority (PSA) reported by the Department of Trade and Industry (DTI).

This industrial production surge is a continuation of the 4.3 percent expansion seen in April, with key drivers including a 15.7 percent increase in the food products subsector and a 13.5 percent rise in the manufacture of transport equipment.

The output is expected to rise further in June, following S&P Global's report of a 50.7 percent rise in the country's Purchasing Managers' Index (PMI).

In the first half of the year, the Board of Investments (BOI) approved PHP15.02 billion worth of manufacturing projects, projected to generate over 5,000 new jobs.

Trade Secretary Cristina Roque highlighted that this positive outlook is a catalyst for economic growth and more job opportunities for Filipinos.