The Philippine manufacturing sector posted a slower growth in June 2025, according to the Philippine Statistics Authority (PSA).
Data from the PSA showed that the volume of production index (VoPI) recorded a slower year-on-year increase of 2.2 percent in June, compared to 3.4 percent in May 2025. In June 2024, the VoPI for manufacturing rose 3.8 percent.
The top three industry divisions contributing to the overall year-on-year growth rate of VoPI were food products; transport equipment; and computer, electronic and optical products.
For manufacture of food products, the annual growth rate of VoPI climbed to 26.3 percent in June 2025 from 15.5 percent in May 2025.
Meanwhile, the value of production index (VaPI) registered a slower annual increase of 1.8 percent in June 2025 from 3.1 percent in May 2025. In June 2024, the VaPI saw an annual increase of 3.6 percent.
The volume of net sales index (VoNSI) registered a slower annual increase of 5.9 percent in June 2025 relative to its annual increment of 6.5 percent in May 2025, while the value of net sales index registered a slower year-on-year increase of 5.4 percent in June 2025 from 6.1 percent in May 2025.
Based on responding establishments, the average capacity utilization rate for the manufacturing in June 2025 was reported at 76.6 percent, lower than 77.0 percent in May 2025, but higher than 74.9 percent in June 2024.
All industry divisions reported capacity utilization rates of more than 60.0 percent during the month.
