Philippines producer prices rise 3.1% year-on-year in August 2026

  • Philippines manufacturing producer prices increased year-on-year in August 2026.
  • Coke and refined petroleum prices rose 2.3%, contributing 35.2% to overall growth acceleration.
  • Producer prices increased 2.5% during January-August 2026.

Producer prices for manufacturing in the Philippines increased 3.1% year-on-year in August 2026, accelerating from 3% growth in both June and July. Coke and refined petroleum products provided the largest upward pressure, with prices rising 2.3% from 1.8% in July and accounting for 35.2% of the increase in the overall growth rate. Rubber and plastic products accelerated to 2.2% from 1.1%, while food-product prices rose 1.6% from 1.5%, including a 5% increase in the processing and preserving of fish, crustaceans and mollusks industry group. Prices also increased for computer, electronic and optical products, chemicals and chemical products, beverages, and other non-metallic mineral products. Basic metals and transport equipment maintained their previous growth rates of 5.6% and 2.7%, respectively. On a monthly basis, the producer price index rose 0.3% in August after no change in June or July. Producer prices increased 2.5% during the January-August period.

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