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Factory prices rise slower in March-PSA
May 1, 2025
|Manila Bulletin
Factory gate prices accelerated at a slower pace in March 2025, due to the slowdown in the price hike for computer, electronic, and optical products, the Philippine Statistics Authority (PSA) reported.
Preliminary data from the PSA revealed that the producer price index (PPI), which reflects the year-on-year increase in prices of manufactured goods, slowed by 0.6 percent in March from the previous month’s 0.8 percent price increase growth. This brings the first-quarter inflation to an average rate of 0.6 percent, reversing the deflation seen in the same period last year at an 1.2 percent.
This higher producers’ inflation likewise reversed the slight deflation of 1.2 percent in March of last year.
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