Philippines Inflation Rate

Last Release

Apr 30, 2025

Actual

1.4

Units In

1.8

Frequency

Monthly

Next Release

Jun 05, 2025

Time to Release

28 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
62.8 Sep 1984	-2.1 Jan 1959	7.97 %	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 eased to 1.4% in April 2025 from a near five-year low of 1.8% in the previous month. The figure marked the lowest reading since November 2019, as prices moderated for food and non-alcoholic beverages (0.9% vs 2.2% in March), clothing and footwear (1.6% vs 1.8%), information and communication (0.3% vs 0.4%), recreation, sport and culture (2.1% vs 2.2%), and personal care and miscellaneous goods and services (2.5% vs 2.6%). In addition, deflation worsened for transport (-2.1% vs -1.1%). Meanwhile, prices accelerated for housing and utilities (2.9% vs 1.7%), alcoholic beverages and tobacco (3.7% vs 3.6%), and health (2.4% vs 2.2%). On a monthly basis, consumer prices fell 0.4% in April, following a 0.2% drop in each of the past two months. Meanwhile, core inflation, which excludes certain food and energy items, remained unchanged at 2.2% in April 2025.