-
Philippine logistics activity remained in contraction territory in October 2026, although it improved from September’s performance, the World Research Institute said
-
The Philippines Logistics Growth Index edged up to 47.8 in October from a revised 47.3 in September
-
The modest rise is attributed to a rebound in manufacturers’ confidence to a near two-year high
-
Among the 42 economies being monitored by WRI, the Philippines dropped to 40th from 39th and was again in last place among 16 in Asia-Pacific
Philippine logistics activity remained in contraction territory in October 2026, although it improved from September’s performance, the World Research Institute (WRI) said.
The Philippines Logistics Growth Index (LGI™), published over the weekend by WRI, edged up to 47.8 in October from a revised 47.3 in September, remaining below its three-month average. The modest rise in the reading was anchored by a rebound in manufacturers’ confidence to a near two-year high.
“Philippine logistics activity shrank again in October, though slightly less sharply. Manufacturers were at their most confident in nearly two years, yet they reported further falls in output, new orders and employment,” said Stephen Poh, WRI principal economist.
READ: Port disruptions drag PH logistics sector growth in Sept—WRI index
The Philippine LGI was above 50 in the first four months of the year, then dropped dramatically in May and has since stayed below 50.
Among the 42 economies being monitored by WRI, the Philippines dropped to 40th in October from 39th the previous month and was again in last place among 16 in Asia-Pacific.
WRI’s Logistics Index is a monthly indicator for global goods movement – a gross domestic product-weighted diffusion index across four regions and 42 economies that turns before the official trade and output data. A reading above 50 signals expansion, and below 50 a contraction.
