Philippines Inflation Rate

Last Release

Jul 31, 2025

Actual

0.9

Units In

1.4

Frequency

Monthly

Next Release

Sep 05, 2025

Time to Release

29 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
62.8 Sep 1984	-2.1 Jan 1959	7.94 %	1958-2025	Philippine Statistics Authority

In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcoholic beverages, tobacco, furnishing, household equipment, restaurants and other goods and services account for the remaining 15 percent.

Latest Updates

The annual inflation rate in the Philippines slowed to 0.9% in July 2025, below market expectations of 1.1% and the previous month’s 1.4%. The latest figure marked the lowest reading since October 2019, as prices declined for food and non-alcoholic beverages (-0.2% vs 0.4% in June) and transport (-2% vs -1.6%). Additionally, costs moderated for housing and utilities (2.1% vs 3.2%), education (4.3% vs 5.3%), and personal care, miscellaneous goods and services (2.3% vs 2.4%). On the other hand, inflation increased for alcoholic beverages and tobacco (4.2% vs 3.8%) and health (2.6% vs 2.4%). On a monthly basis, consumer prices rose by 0.3%, following a 0.2% gain in June. Meanwhile, core inflation, which excludes certain food and energy items, edged up to 2.3%, the highest in five months, from 2.2%, where it had remained steady for four consecutive months.