Producers Price

Producer Price Survey : April 2008

Producer Price Index maintains uptrend

The Producer Price Index (PPI, 2000=100) for the manufacturing industry increased by 1.6 percent in April 2008 compared to its year-ago figure, according to the preliminary results of the Monthly Producer Price Survey. Eleven (11) major sectors posted positive growths led by petroleum products and basic metals, which registered two-digit increments of 23.0 percent and 22.0 percent, respectively. On the other hand, nine (9) major sectors posted decreases led by furniture and fixtures with a significant decrease of 11.0 percent. Refer to Tables 2 and 1-A.

Producer Price Survey : May 2008

Producer Price Index jumps three percentage points

The Producer Price Index (PPI, 2000=100) for the manufacturing industry rose to 3.7 percent in May 2008, up from 0.7 percent a year ago, according to the preliminary results of the Monthly Producer Price Survey. Moreover, the growth was more than twice the rate of 1.6 percent recorded in April 2008. Thirteen (13) major sectors contributed to the increase, with two-digit growth observed in petroleum products (35.6%) and basic metals, (17.3%). On the other hand, the remaining seven (7) major sectors posted drops in producer price, led by miscellaneous manufactures (-12.2%). Refer to Tables 2 and 1-A.

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.

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