Producers’ factory gate prices in the Philippines fell at a slightly quicker pace in June than in May, marking a second month of decline in a row, Philippine Statistics Authority (PSA) data showed on Wednesday.
The Producer Price Index (PPI) dropped by 0.45 percent in June 2025, slightly deeper than the 0.38 percent decline recorded in May.
The faster drop was mainly driven by weaker prices in electronics and computer-related products, which fell 2.5 percent during the month — the steepest drop among major manufacturing divisions.
That sector alone accounted for more than a third of the overall slowdown in factory prices. It also holds the second-biggest weight in the PPI computation.
Other sectors that pulled prices down included machinery and equipment (down 1.2 percent) and non-metallic mineral products (down 4 percent).
Despite the June dip, factory gate prices for the first half of 2025 were still up slightly by 0.3 percent.
Of the 22 manufacturing sectors tracked by the PSA, 11 posted price gains while eight recorded price declines.
The top contributors to June’s growth, despite the general slowdown, were electronics, non-metallic minerals and transport equipment.
