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The country’s manufacturing sector recorded faster growth in June 2026, led by expansion in the manufacture of coke and refined petroleum product
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The value of production index grew 13.5% while the volume of production index improved faster at 10.1% in June 2026
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Growth in VaPI and VoPI in June was mainly attributed to the faster growth in the manufacture of coke and refined petroleum products, food products, and transport equipment
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The average capacity utilization rate for the manufacturing section in June 2026 still stood at 78.9%
The country’s manufacturing sector recorded faster growth in June 2026, led by expansion in the manufacture of coke and refined petroleum products, according to preliminary figures from the Philippine Statistics Authority (PSA).
The value of production index (VaPI) grew 13.5% year-on-year in June 2026, faster than the 12.5% and 2.1% increase in May 2026 and June 2025, respectively, according to PSA’s latest Monthly Integrated Survey of Selected Industries (MISSI).
The volume of production index (VoPI) likewise improved faster at 10.1% in June 2026 from a 9.1% and 2.3% increase in May 2026 and June 2025, respectively.
Growth in VaPI and VoPI in June was mainly attributed to the faster growth in the manufacture of coke and refined petroleum products, food products, and transport equipment.
Among the other industry divisions, 14 exhibited annual increments in their VaPI, while the other five posted annual declines in their VaPI for the period.
In terms of VoPI, 12 industry divisions posted annual increases while seven industry divisions exhibited annual decreases in June.
The value of net sales index (VaNSI) also registered a faster year-on-year increase of 10.1% in June 2026 from 8.5% and 6.3% growth in May 2026 and June 2025, respectively.
Similarly, the volume of net sales index (VoNSI) increased faster in June at 6.9% from 5.2% in May 2026 and 6.5% in June 2025.
The acceleration in VaNSI and VoNSI were mainly attributed to the faster double-digit annual increase recorded in the manufacture of basic metals, and faster annual increase in the manufacture of other non-metallic mineral products.
Based on MISSI’s responding establishments, the average capacity utilization rate for the manufacturing section in June 2026 still stood at 78.9%, same as in May 2026 and higher than the 76.8% observed in June 2025.
All industry divisions reported capacity utilization rates of more than 65% during the month. The top three industry divisions in terms of reported capacity utilization rate were manufacture of tobacco products at 82.8%, coke and refined petroleum products at 82.7%, and other manufacturing and repair and installation of machinery and equipment at 82.5%.
