Manila: The growth of the producer price index (PPI) for manufacturing slowed to 0.1 percent in April this year from 0.6 percent in March, the Philippine Statistics Authority (PSA) said Friday.

According to Philippines News Agency, the slower annual increase of PPI for the manufacturing sector in April 2025 was primarily due to the decline in the annual growth rate of the PPI for the manufacture of computer, electronic, and optical products industry division, which recorded a 1.3 percent increase in April 2025 compared to a 0.9 percent increase in March 2025.

Other significant contributors to the slower annual increase of PPI for manufacturing include the slowdown in the annual growth rate of the manufacture of transport equipment, which was at 0.3 percent in April down from 1.5 percent in March. Additionally, there was a faster annual decline in the manufacture of basic metals, which fell to 0.9 percent from -0.1 the previous month.

The PPI is generated from the results of the Producer Price Survey (PPS), which is conducted nationwide. The PPS is conducted by PSA to collect monthly producer prices of industry products produced by sample establishments in the manufacturing sector. It measures the average change over time in the prices of products or commodities produced by domestic manufacturers and sold at factory gate prices to wholesalers and/or other consumers in the domestic market relative to a base period.