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Factory gate prices climb faster in January

March 05, 2025

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The Philippine Star

Local producer prices rose at a faster pace in January from the previous month, driven mainly by chemical products, according to the Philippine Statistics Authority (PSA).

- By LOUElla DESIDERIO

The Producer Price Index (PPI) for manufacturing posted a 0.8 percent uptick in January this year, higher than the 0.1 percent increase in December 2024.

This also marks a rebound from the 1.1 percent contraction in the same month last year.

PPI measures the average change in factory gate prices in the local market relative to a base period.

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