August 30, 2025 | 12:00am
MANILA, Philippines — Producers’ costs fell at a slower price in July from the earlier month due primarily to the decrease decline in laptop, digital and optical merchandise, in response to the Philippine Statistics Authority (PSA).
Preliminary knowledge from the PSA yesterday confirmed that the Producer Value Index (PPI) for manufacturing registered a slower drop of 0.27 p.c in July from the earlier month’s 0.35 p.c.
It was additionally slower than the 0.33 p.c dip posted in July final yr.
The PPI measures the change in manufacturing facility gate costs relative to a base interval.
From January to July, common PPI development was at 0.3 p.c.
The PSA attributed the slower decline in PPI development “to the slower decrement within the annual development price of the PPI for manufacture of laptop, digital and optical merchandise business division at one p.c in July 2025 from 2.5 p.c in June 2025.”
Additionally contributing to the slower decline in PPI development was the marginally quicker development price in meals merchandise at 0.5 p.c in July from 0.4 p.c in June.
Furnishings was cited as one other foremost contributor to the slower PPI development because the business division grew at a quicker price of 1.4 p.c in July from the earlier month’s 0.7 p.c.
Of the remaining 19 business divisions, seven posted will increase, whereas 12 registered declines in July from the earlier month.
Specifically, business divisions with constructive development charges in July are coke and refined petroleum merchandise; drinks; tobacco merchandise; rubber and plastic merchandise; leather-based and associated merchandise, together with footwear; textiles and printing and copy of recorded media.
Alternatively, the next registered destructive development charges: different non-metallic mineral merchandise; transport tools; fundamental metals; electrical tools; equipment and tools besides electrical; fabricated metallic merchandise, besides equipment and tools; fundamental pharmaceutical merchandise and pharmaceutical preparations; wooden, bamboo, cane, rattan articles and associated merchandise; paper and paper merchandise; different manufacturing and restore and set up of equipment and tools; chemical compounds and chemical merchandise and carrying attire.