THE producer price index (PPI) for manufacturing recorded a faster annual decline of 0.4 percent in May 2025, compared to a 0.001 percent decrease in April 2025.
“The faster decline in the annual rate of PPI for the manufacturing section in May 2025 was primarily due to the faster decrement in the annual growth rate of the PPI for manufacture of computer, electronic and optical products industry division at 2.1 percent in May 2025 from 1.3 percent annual decrease in April 2025,” said the PSA in a statement Wednesday.
Other contributors to the faster decline of PPI include the annual drop in the manufacture of transport equipment at 0.8 percent in May 2025 from a 0.5 percent increase in April.
The faster decline in the manufacture of basic metals at 1.3 percent during the period from a 0.7 percent annual decrease in April 2025 also contributed to the drop in PPI.
The PPI is generated from the results of the Producer Price Survey (PPS), conducted nationwide.
PSA conducts the PPS to collect monthly producer prices of industry products produced by sample establishments in the manufacturing sector.
It measures the average change over time in the prices of products or commodities produced by domestic manufacturers and sold at factory gate prices to wholesalers and or other consumers in the domestic market relative to a base period. / PNA