|
Total Manufacturing |
December 2006 |
November 2006 |
|
Producer Price Index |
249.8 |
248.6r |
|
Year-on-Year Growth |
5.8 |
13.8r |
|
Month-on-Month Growth |
0.5 |
-0.2r |
r-revised
· Producer Price Index (PPI) registers single-digit increase
Producer Price Index (PPI) for the manufacturing industry on a year-on-year basis grew slightly by 5.8 percent in December 2006. Seventeen (17) sectors posted positive growths, led by electrical machinery which registered 27.2 percent. Four (4) other major sectors posted two-digit price increases, namely: leather products, machinery excluding electrical, footwear and wearing apparel, and rubber products. Refer to Tables 1 and 1-A.
On a monthly basis, PPI increased by 0.5 percent in December 2006. This was brought about by the price increases in eight (8) major sectors led by non-metallic mineral products with a 3.5 percent increase. Refer to Tables 1 and 1-B.
· Response Rate
The response rate for December 2006 is 92.9 percent, which corresponds to the retrieval of 249 sample establishments' reports. Refer to Table 2.
Response Rates for Total Manufacturing
(In percent)
|
December 2006 |
November 2006 |
|
92.9 |
97.8 |
· Technical Notes
Weights for the PPI are based from the results of the 2003 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 |
TABLE 1-A. PRODUCER PRICE INDEX, November 2006 - December 2006
(1994 =100)
|
Gainers |
Year-on-Year Growth (percent) |
|
|
December 2006 |
November 2006 |
|
|
|
||
|
Electrical Machinery |
27.2 |
93.3 |
|
Food Manufacturing |
6.9 |
6.9 |
|
Footwear and Wearing Apparel* |
19.4 |
26.6 |
|
Machinery Excluding Electrical* |
20.3 |
19.5 |
|
Beverage |
2.6 |
2.6 |
|
Chemical Products |
2.0 |
-0.2 |
|
Petroleum Products |
1.8 |
1.7 |
|
Fabricated Metal Products* |
8.8 |
8.8 |
|
Non-Metallic Mineral Products |
3.7 |
7.0 |
|
Tobacco |
5.8 |
5.8 |
|
Paper and Paper Products |
5.0 |
1.3 |
|
Basic Metals |
1.8 |
1.1 |
|
Textile |
4.2 |
1.0 |
|
Rubber Products |
13.7 |
0.8 |
|
Transport Equipment |
1.5 |
0.8 |
|
Leather Products* |
25.1 |
0.8 |
|
Wood and Wood Products |
6.2 |
0.6 |
|
|
||
|
Losers |
Year-on-Year Growth (percent) |
|
|
December 2006 |
November 2006 |
|
|
|
||
|
Furniture and Fixtures |
-15.5 |
51.5 |
|
Publishing and Printing* |
-9.4 |
-32.0 |
|
Miscellaneous Manufactures |
-2.2 |
16.6 |
TABLE 1-B. PRODUCER PRICE INDEX, November 2006 - December 2006
(1994=100)
|
Gainers |
Month-on-Month Growth (percent) |
|
|
December 2006 |
November 2006 |
|
|
|
||
|
Chemical Products |
2.1 |
-1.0 |
|
Non-Metallic Mineral Products |
3.5 |
-2.8 |
|
Beverage |
0.0 |
0.0 |
|
Transport Equipment |
1.5 |
0.0 |
|
Food Manufacturing |
0.2 |
0.2 |
|
Electrical Machinery |
0.2 |
0.3 |
|
Footwear & Wearing Apparel* |
0.3 |
2.5 |
|
Machinery Excluding Electrical* |
0.6 |
0.3 |
|
Wood and Wood Products |
0.0 |
-1.3 |
|
Petroleum Products |
0.0 |
-2.3 |
|
Fabricated Metal Products* |
0.0 |
0.2 |
|
Rubber Products |
0.0 |
0.0 |
|
Tobacco |
0.0 |
0.0 |
|
Leather Products* |
0.0 |
0.0 |
|
Publishing & Printing* |
0.0 |
0.0 |
|
|
||
|
Losers |
Month-on-Month Growth (percent) |
|
|
December 2006 |
November 2006 |
|
|
|
||
|
Paper & Paper Products |
-1.0 |
1.2 |
|
Furniture & Fixtures |
-2.0 |
-2.2 |
|
Basic Metals |
-0.2 |
0.5 |
|
Textile |
-0.3 |
-0.4 |
|
Miscellaneous Manufactures |
-0.3 |
-0.3 |
Note: * - new sectors in the 1994-based series
a/- Less than 0.1 percent increase
b/- Less than 0.1 percent decrease
Sectors are ranked according to their contribution to the overall 1994-based October 2006 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
| Attachment | Size |
|---|---|
 TABLE 2 Distribution of Samples and Responding Establishments by Major Industry Group: PPS |
7.12 KB |
|
TABLE 5 Producer Price Index (PPI) |
39.38 KB |