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Factory gate prices climb faster in January
The Philippine Star
|March 05, 2025
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).
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.
This story is from the March 05, 2025 edition of The Philippine Star.
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