Industrial production in the Philippines grew 2.7% year-over-year in January 2026, a marginal slowdown from the revised 2.8% annual increase recorded in December 2025. The latest figures, updated on 06 March 2026, indicate that the country’s factory and industrial activity continues to expand, but at a slightly softer pace entering the new year.
Both the January 2026 and December 2025 readings are based on year-over-year comparisons, measuring output changes against the same month a year earlier. The modest deceleration suggests that while industrial activity remains in positive territory, momentum may be stabilizing after recent gains, with markets likely to watch upcoming releases for clearer signs of the sector’s underlying trend.
