Try GOLD - Free
Factory gate prices decline in 2024
The Philippine Star
|February 01, 2025
Producer prices declined in 2024 compared to the previous year, mainly due to the slower growth in food prices, according to the Philippine Statistics Authority (PSA).
Preliminary data from the PSA showed that the average growth rate of the Producer Price Index (PPI) for manufacturing declined by 0.7 percent last year from a 1.4-percent increment in 2023.
PPI measures the change over time in the prices of products produced by domestic manufacturers and sold at factory gate prices to wholesalers and/or other consumers in the local market relative to a base period.
“The downtrend in the annual average year-on-year growth rate of PPI in 2024 was mainly attributed to the deceleration in the annual average growth rate of PPI of manufacture of food products at 1.1 percent from an annual average increment of three percent in 2023,” the PSA said.
This story is from the February 01, 2025 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
AdventEnergy seals integrated energy solutions services for Bacolod's L' Fisher Hotel
A dventEnergy, the retail electricity supply arm of Aboitiz Power Corporation, will provide L' Fisher Hotel with 673 kilowatts of reliable energy supply and energy performance assessment services designed to optimize its operations.
1 min
November 04, 2025
The Philippine Star
Death toll in Jamaica hurricane rises to 28
Storm-ravaged communities in western Jamaica were facing dire straits on Sunday, days after record-setting Hurricane Melissa left towns demolished and at least 28 people dead across the island.
1 min
November 04, 2025
The Philippine Star
DICT on Nov. 5 cyber threats: Don't panic
There's no need to panic over an expected cyberattack by \"hacktivists\" tomorrow — the international day of hacktivists, Information and Communications Technology Secretary Henry Rhoel Aguda said yesterday.
1 min
November 04, 2025
The Philippine Star
‘VIVA LA IRMA’ PAYS TRIBUTE TO A MAESTRA WHO SHAPED GENERATIONS OF ARTISTS
Irma Ponce-Enrile Potenciano is one of the most notable figures in the field of Philippine music.
2 mins
November 04, 2025
The Philippine Star
FROM OBSCURITY TO GREATNESS
MAGPANTAY RULES 10-BALL WORLD CUP
1 mins
November 04, 2025
The Philippine Star
Celebrity 'creatures' come out to slay at 'The New Nocturnals'
Celebrities and personalities came out at night in their most eye-catching and haunting looks for The New Nocturnals Ball held at Shooting Gallery Studios in Makati City on Oct. 29.
3 mins
November 04, 2025
The Philippine Star
Eala cracks WTA Top 50
No Filipina has ever come close to stepping foot in the world’s Top 50 - until Alex Eala.
1 min
November 04, 2025
The Philippine Star
EMMAN ATIENZA'S ENDURING LEGACY: HER LIGHT FOR OTHERS
Our role is not to fix the pain, but to stay present in it — reminding the young that God’s plans are always for hope, healing, and a future.
4 mins
November 04, 2025
The Philippine Star
Hamas hands over three more hostage bodies
Hamas handed over bodies of three hostages on Sunday, even as the Palestinian militant group traded blame with Israel for violations of the tenuous truce that has mostly halted two years of war.
1 min
November 04, 2025
The Philippine Star
MakatiMed Laser Center: 30 years of courage, compassion, and care
Makati Medical Center (MakatiMed) recently celebrated the 30th anniversary of its Laser Center under the Department of Dermatology with a meaningful progam held in collaboration with the Breast Imaging Center and the Department of Psychiatry at the 8F Tower 2 Auditorium.
1 mins
November 04, 2025
Listen
Translate
Change font size