The Philippines' producer price index for manufacturing edged up 0.8% in February from 0.7% in the month prior, data from the Philippine Statistics Authority showed on Wednesday.
The slight increase was driven mainly by a higher annual rate of the PPI for manufacture of coke and refined petroleum products industry division at 2.9% in February from a 1.9% rise in January, the data showed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.