Eei Ghana! We dey look how the Philippine economy dey move, especially their industrial production. According to reports, manufacturing production for Philippines rise by 2.4% for September 2025 as compared to the previous year. Last month own be 1.6% wey dem revise am downwards.
What dey drive the growth?
The ting wey dey push this growth be say dem produce more computer, electronic, and optical products (5.1%), transport equipment (12.1%), and electrical equipment (9.3%). All these tings dey show positive signs for the Philippine economy.
Other sectors dey contribute too
Coke and refined petroleum products (1.7%), basic pharmaceutical products (8.9%), and beverages (2.4%) all bounce back after some slow period. This dey tell we say different sectors dey contribute to the growth.
- Food products slow small (13.7% from 22.3%)
- Furniture drop (-9.8%)
- Wood, bamboo, cane, and rattan products go down (-6.2%)
- Chemicals and chemical products suffer big time (-32.8%)
Even though some sectors no dey perform well, the overall picture dey show positive growth for the Philippine industry. On a monthly basis, industrial activity fell 1.0%, easing from a 3.1% decline in the previous period.
How this one affect Ghana? If Philippines dey produce more, e mean say we fit get more opportunities for trade. We for keep our eyes open for import and export opportunities wey go benefit both countries. We for watch the market trends and see how we fit take advantage of am. E be important say we understand the global economy so we fit make smart decisions for our businesses and country.