Saturday, February 7, 2026

PCCI Releases Statement on Latest PSA Report

PCCI Releases Statement on Latest PSA Report

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The Philippine Chamber of Commerce and Industry (PCCI) welcomed the latest PSA report showing a 1% rise in manufacturing output in December 2025. This rebound from November’s decline highlights the resilience of Philippine industries.

PCCI President Perry Ferrer cited the stronger production in food products and non-metallic minerals, as well as a rebound in machinery and equipment. “These gains show that both consumer demand and renewed business investments are helping sustain momentum in the manufacturing sector,” Ferrer said.

PCCI also recognized the support provided by the Bangko Sentral ng Pilipinas (BSP), which lowered borrowing costs in December. “This move made it easier for manufacturers to access financing, expand production, and operate in a more favorable environment for manufacturing activity,” Ferrer added.

Looking ahead to 2026, PCCI remains cautiously optimistic. Continued government infrastructure projects, strong domestic consumption, and supportive monetary policy are expected to help sustain growth. At the same time, challenges such as rising global prices, supply chain constraints, and energy costs will need to be addressed.

PCCI stated its commitment to work closely with government and industry partners to strengthen competitiveness, encourage innovation, and ensure that manufacturing continues to drive inclusive economic progress.