Cost of food in Philippines increased 0.50 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Philippines Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of January 2024, the prices of essential goods in the Philippines increased compared to the same month in the previous year. Except for rice, most basic goods noted a significant increase in prices. For instance, the price of six kilograms of meat rose from nearly 1,600 Philippine pesos in 2022 to 1,843 Philippine pesos in 2024. In addition, the cost of eight kilograms of vegetables increased from 698 to 857 Philippine pesos.

Philippines Consumer Price Index (CPI): MM: Food: Fruits and Vegetables data was reported at 319.100 1988=100 in Dec 1998. This records a decrease from the previous number of 324.600 1988=100 for Nov 1998. Philippines Consumer Price Index (CPI): MM: Food: Fruits and Vegetables data is updated monthly, averaging 152.950 1988=100 from Jan 1988 (Median) to Dec 1998, with 132 observations. The data reached an all-time high of 324.600 1988=100 in Nov 1998 and a record low of 83.800 1988=100 in Apr 1988. Philippines Consumer Price Index (CPI): MM: Food: Fruits and Vegetables data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I049: Consumer Price Index: 1988=100: Metro Manila.

Inflation Rate in Philippines remained unchanged at 1.70 percent in October. This dataset provides the latest reported value for - Philippines Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the Philippines’ consumer price inflation rate amounted to 3.21 percent compared to the previous year. The Philippines are considered “newly industrialized”, but the economy relies on remittances from nationals overseas, and the services sector generates most of its GDP. Emerging and soon to develop?After switching from agriculture to services and manufacturing, the Philippines are now an emerging economy, i.e. the country has some characteristics of a developed nation but is not quite there yet. In order to transition into a developed nation, the Philippines must meet certain requirements, like being able to sustain their economic development, being very open to foreign investors, or maintaining a very high stability of the institutional framework (like law enforcement and the government). Only if these changes are irreversible can they be classified as a developed nation. The Philippines’ switch to servicesEver since the switch to services and manufacturing, employment in these areas has increased and the country is now among those with the highest employment in the tourism industry worldwide. This transition was not entirely voluntary but also due to decreasing government support, the liberalization of trade, and reform programs. Still, agriculture is important for the country: As of 2017, more than a quarter of Filipinos are still working in the agricultural sector, and urbanization has only increased very slightly over the last decade.

Russia Consumer Price Index (CPI): Prev Month=100: Communication Means: Smart Phone data was reported at 100.100 Prev Mth=100 in Dec 2018. This records an increase from the previous number of 99.200 Prev Mth=100 for Nov 2018. Russia Consumer Price Index (CPI): Prev Month=100: Communication Means: Smart Phone data is updated monthly, averaging 99.680 Prev Mth=100 from Jan 2014 (Median) to Dec 2018, with 60 observations. The data reached an all-time high of 104.110 Prev Mth=100 in Dec 2014 and a record low of 98.630 Prev Mth=100 in Apr 2016. Russia Consumer Price Index (CPI): Prev Month=100: Communication Means: Smart Phone data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA010: Consumer Price Index: Previous Month=100: Non Food.