Philippines industrial production

Philippines’s industrial production decreased to -1.7 by -130.0% on March 2024 from 5.7 in the previous month. On a year on year basis Philippines’s industrial production decreased by -126.0%. Philippines’s industrial production trend is down since the current value of -1.7 is lower than the 12 month moving average of 4.97. and the 12 month moving average slope is down.Philippines’s industrial production 1-year percentile is currently at 8.0 5-year percentile is currently at 38.0%. MacroVar monitors the factors of Momentum, Trend for Philippines industrial production.

A detailed analysis can be found here