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Philippine PPI YoY (Nov) Y/Y vs. Exp. 0.1% (Prev. 0.5%, Rev. 0.3%)

Newsquawk Staff · Newswires ·

Philippine PPI YoY (Nov) Y/Y vs. Exp. 0.1% (Prev. 0.5%, Rev. 0.3%)

What it means

The Philippine Producer Price Index (PPI) for November came in at 0.1% year-on-year, significantly lower than the previous value of 0.5% and the revised number of 0.3%. This miss suggests weakening pricing power among producers, which could have implications for overall economic momentum and potential monetary policy stances going forward.

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