Philippine manufacturing growth slows as Latvia industrial output falls in July 2026

  • Philippine manufacturing production grew 9.6% year-on-year in July 2026, while Latvia’s industrial production fell 0.2%.
  • Philippine growth slowed from June’s upwardly revised 13.9%, whereas Latvian manufacturing accelerated to 8.2% from 5.0%.
  • Philippine industrial activity expanded 8.6% in January-July, while Latvia recorded its first annual industrial contraction since March 2025.

Philippine manufacturing production increased 9.6% year-on-year in July 2026, slowing from an upwardly revised 13.9% in June, while industrial activity grew 8.6% in the January-July period. Latvia’s industrial production declined 0.2% year-on-year, reversing a 0.5% increase in June and marking its first annual contraction since March 2025, even as manufacturing output accelerated to 8.2% from 5.0%. In the Philippines, slower growth in petroleum, electronics, food and transport output weighed on the result, while chemicals, machinery excluding electrical equipment, and pharmaceuticals contracted. In Latvia, weaker electricity, gas, steam and air-conditioning supply offset stronger manufacturing and continued mining and quarrying growth; monthly industrial activity rose 0.1%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.