Producer Prices Plummet in May, Driven by Key Industries
Manila: The producer price index (PPI) for manufacturing saw a sharper annual decline of 0.4 percent in May, compared to a minimal decrease of 0.001 percent in April 2025. According to Philippines News Agency, this accelerated decline was largely influenced by the more significant reduction in the annual growth rate of the PPI for the manufacture of computer, electronic, and optical products. This industry division experienced a 2.1 percent decrease in May 2025, a notable drop from the 1.3 percent decline recorded in April 2025. Other factors contributing to the overall PPI decline included the annual decrease in the manufacture