Producer price index growth slows in April

THE producer price index (PPI) for manufacturing in April slowed but remained positive, the Philippine Statistics Authority (PSA) said on Friday. The index — which measures the average change in prices received by producers for their goods — saw growth marginally decline to 2.4 percent from 2.6 percent in March, but was higher than the 0.2 percent in April 2025. A downturn in the manufacture of coke and refined petroleum products industry division — which dropped 5.3 percent fr