Philippines Inflation Rate

Last Release

Mar 31, 2025

Actual

1.8

Units In

2.1

Frequency

Monthly

Next Release

May 06, 2025

Time to Release

28 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
62.8 Sep 1984	-2.1 Jan 1959	7.98 %	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 1.8% in March 2025 from 2.1% in the previous month, pointing to the lowest reading since May 2020. The latest result was less than market consensus of 2.1%, as prices moderated mainly for food and non-alcoholic beverages (2.2% vs 2.6% in February), clothing and footwear (1.8% vs 2.1%), and restaurant and accommodation services (2.3% vs 2.8%). At the same time, costs declined further for transport (-1.1% vs -0.2%). On the other hand, inflation increased for alcoholic beverages and tobacco (3.6% vs 3.4%), housing and utilities (1.7% vs 1.6%), and information and communication (0.4% vs 0.3%). Meanwhile, core inflation, which excludes selected food and energy items, eased to 2.2% from 2.4% in the preceding period. On a monthly basis, consumer prices fell by 0.2%, the same pace as in the prior month.