Factory-gate inflation slowed slightly from an upwardly revised May reading as petroleum products, electronics and basic metals cooled, while food-related producer prices picked up.
Producer prices in the Philippines rose 3.0% year on year in June 2026, easing from an upwardly revised 3.1% increase in May, which was the highest reading since February 2023. The moderation was driven by slower price growth in the manufacture of coke and refined petroleum products, computer, electronic and optical products, and basic metals. At the same time, food-related producer inflation accelerated to 1.7% from 1.5%, led by faster gains in grain mill products, starches and starch products. On a monthly basis, producer prices rose 0.2% after increasing 0.3% in May. For the first half of 2026, producer prices were up 2.3% from the same period a year earlier.