Producers Price

Producer Price Survey : June 2008

Producer Price Index sustains an upward trend

The Producer Price Index (PPI, 2000=100) for the manufacturing industry went up by 3.5 percent in June 2008, compared with the year ago level, according to the preliminary results of the Monthly Producer Price Survey. This was brought about by the increases reported by fourteen (14) major sectors with double-digit growth exhibited by the following: petroleum products (42.1%), basic metals, (20.6%) and textiles, (12.2%). On the other hand, six (6) major sectors posted year-on-year decreases in producer price led by miscellaneous manufactures (-13.0%). Refer to Tables 2 and 1-A.

Producer Price Survey : September 2008

Producer Price Index maintains single-digit growth

The Producer Price Index (PPI, 2000=100) for the manufacturing industry went up by 6.4 percent in September 2008, compared with the year ago level, according to the preliminary results of the Monthly Producer Price Survey. Price increases were observed in eighteen (18) major sectors with two-digit growth observed in the following: petroleum products (23.6%), basic metals (21.7%), textiles (12.9%), fabricated metal products (12.4%), beverages (11.4%), food manufacturing (11.3%) and rubber and plastic products (10.8%). Refer to Tables 1 and 1-A.

Producer Price Survey : October 2008

Producer Price Index continue to post single-digit growth

The Producer Price Index (PPI, 2000=100) for the manufacturing industry recorded a 6.9 percent growth in October 2008, compared with the year ago level, according to the preliminary results of the Monthly Producer Price Survey. Nineteen major sectors posted increase in growth led by textiles which registered 13.2 percent. Other sectors that exhibited two-digit growth were the following: basic metals, rubber and plastic products, beverages, paper and paper products, food manufacturing and petroleum products. Refer to Tables 1 and 1-A.

On a month-on-month basis, PPI slightly went down by 0.2 percent in October. Five major sectors contributed to the decrease in growth led by petroleum products with 8.3 percent dropped. On the other hand, ten major sectors exhibited positive growth led by miscellaneous manufactures. Refer to Tables 1 and 1-B.

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