The Philippine manufacturing producer price index (PPI) posted a faster YoY rise of 1 per cent in September from a 0.6-per cent YoY in August.
It saw a faster month-on-month rise of 0.223 per cent in September from 0.219 per cent in August.
The higher annual growth was primarily due to the upturn in the YoY growth rate of transport equipment PPI—at 1.6 per cent from a 0.2-per cent YoY drop in August.