Producer prices continue to drop

Manufacturing input costs continued to drop year-on-year for the third-straight month, even as the producer price index (PPI) recorded a slower decline of 0.27 percent in July 2025, the Philippine Statistics Authority (PSA) reported on Friday, Aug. 29.

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Preliminary PSA data showed that the year-on-year PPI drop last month was outpaced by the 0.35-percent decline in June, while matching the also 0.27-percent drop in May.

In July 2024, PPI fell by 0.33 percent year-on-year.

But month-on-month, input costs in July rose 0.1 percent from June levels, a faster pace than the previous month’s 0.07 percent and 0.02 percent a year ago.

PPI posted an average year-on-year growth of 0.3 percent in the first seven months of 2025.