Philippines Manufacturing Output Falls in February
Agape GumprechtManufacturing production in the Philippines dropped 1.6% year-on-year in February 2025, from a downwardly revised 3.0% increase in January.
The downturn was mainly driven by the lower production of basic metals (-35.6% vs -9.5% in January), contributing 34.5% to the annual decrement.
Output also dropped for chemicals (-21.1% vs -1.2%) and basic pharmaceutical products and pharmaceutical preparations (-16.8% vs -21.5%).
Meanwhile, output rose for furniture (26.2% vs -1.6%), food (12.1% vs 10.9%) and paper products (4.8% vs 2.6%).
On a seasonally adjusted monthly basis, manufacturing output fell 3.5%, following a 1.3% rise in the previous period.
FinanceWiki is for the purpose of delivering user creations, but does not mean to agree with their views or confirm the authenticity of their content. Please make your own judgment when reading and browsing. The articles are published by users registered on FinanceWiki, not by FinanceWiki. If there is any infringement, please contact us in time for processing, and we will respond and resolve it as soon as possible.
