Technical Notes
The 1994 based PPI will be discontinued with the December 2007 data as the last of the series. Only the 2000 based PPI will be continued in 2008.
Starting February 2008 PPI, a revised industry disaggregation is adopted to conform with the amended 1994 PSIC. Rubber and Plastic Products is a new major sector, consisting of two sub-sectors, namely: Rubber Products and Plastic Products . Rubber Products was previously a major sector while Plastic Products was one of the sub-sectors of Chemical Products.
With previously seven (7) sub-sectors, the major sector of Chemical Products has now six (6) sub-sectors, namely: Basic Chemical and Industrial Gases, Fertilizers, Paints, Drugs and Medicines, Cosmetics and Toilet Preparations and Miscellaneous Chemicals.
The corresponding weights of the above sectors and sub-sectors have been recomputed to allow for the revised computation of the indices.
Weights for the 2008 PPI are based from the results of the 2005 Annual Survey of Philippine Business and Industry (ASPBI) for manufacturing establishments with average total employment (ATE) of 20 and over.
Data of non-responding sample establishments are estimated based on previous records and other available sources. Revisions to the preliminary estimates are done upon receipt of actual reports of late respondents.
| |
(Sgd.) CARMELITA N. ERICTA
Administrator |
TABLE 1-A. PRODUCER PRICE INDEX, MARCH - APRIL 2008
(2000=100)
| Gainers |
Year-on-Year Growth (percent) |
| April 2008 |
March 2008
(revised) |
| |
|
Petroleum Products
|
23.0
|
23.2
|
|
Food Manufacturing
|
8.1
|
8.0
|
|
Basic Metals
|
22.0
|
21.3
|
|
Chemical Products (excludes Plastic Products)
|
3.0
|
1.2
|
|
Rubber and Plastic Products*
|
4.4
|
4.8
|
|
Publishing and Printing
|
9.7
|
9.7
|
|
Non-Metallic Mineral Products
|
1.6
|
1.4
|
|
Wood and Wood Products
|
3.3
|
2.9
|
|
Tobacco Products
|
0.7
|
0.7
|
|
Leather Products
|
2.1
|
3.8
|
|
Textiles
|
0.8
|
1.4
|
| |
| Losers |
Year-on-Year Growth (percent) |
| April 2008 |
March 2008
(revised) |
| |
|
Electrical Machinery
|
-4.0
|
-4.8
|
|
Machinery Except Electrical
|
-4.8
|
-6.6
|
|
Miscellaneous Manufactures
|
-9.3
|
-18.4
|
|
Furniture and Fixtures
|
-11.0
|
-10.8
|
|
Footwear and Wearing Apparel
|
-1.5
|
-1.8
|
|
Fabricated Metal Products
|
-1.2
|
1.6
|
|
Paper and Paper Products
|
-0.5
|
-1.8
|
|
|
Beverages
|
2/
|
-0.1
|
|
Transport Equipment
|
-1.9
|
1.5
|
TABLE 1-B. PRODUCER PRICE INDEX, MARCH - APRIL 2008
(2000=100)
| Gainers |
Month-on-Month Growth (percent) |
| April 2008 |
March 2008
(revised) |
|
Petroleum Products
|
2.6
|
5.3
|
|
Miscellaneous Manufactures
|
7.3
|
-2.2
|
|
Chemical Products (excludes Plastic Products)
|
1.9
|
0.8
|
|
Basic Metals
|
2.5
|
2.3
|
|
Electrical Machinery
|
0.4
|
-0.3
|
|
Machinery Except Electrical
|
0.8
|
1.1
|
|
Rubber and Plastic Products*
|
0.5
|
1.5
|
|
Footwear and Wearing Apparel
|
0.2
|
0.3
|
|
Food Manufacturing
|
1/
|
1.1
|
|
Non-metallic Mineral Products
|
0.1
|
0.7
|
|
Paper and Paper Products
|
0.1
|
0.2
|
|
Beverages
|
0.0
|
1.0
|
|
Publishing and Printing
|
0.0
|
0.0
|
|
Tobacco Products
|
0.0
|
0.0
|
|
Wood and Wood Products
|
0.0
|
0.0
|
|
Fabricated Metal Products
|
0.0
|
-0.2
|
| |
| Losers |
Month-on-Month Growth (percent) |
| April 2008 |
March 2008
(revised) |
| |
|
Transport Equipment
|
-1.6
|
2.1
|
|
Furniture and Fixtures
|
-1.3
|
3.4
|
|
Leather Products
|
-1.6
|
0.3
|
|
Textiles
|
-0.4
|
1.2
|
Note:
1/ - Less than 0.1 percent increase
2/ - Less than 0.1 percent decrease
* - new sector in the 2000-based series
Sectors are ranked according to their contribution to the overall 2000-based April 2008 growth rate.
Year-on-year growth rates are computed by dividing the current month index by previous year same month index less 1.
Month-on-month growth rates are computed by dividing the current month index by previous month index less 1
Source: National Statistics Office
Manila, Philippines
Table 1 Producer Price Index