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.

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.

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations.
This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

The average canned food export price stood at $1,256 per ton in January 2025, rising by 4.8% against the previous month.

In 2024, the consumer price index (CPI) of food in the Philippines was about ** points higher compared to the base year 2018. The food prices in the country have significantly increased in the observed period. The CPI is a measure of the average change over time in the prices paid by consumers for consumer goods.

Food Prices for Philippines.

Contains data from the FAOSTAT bulk data service covering the following categories: Consumer Price Indices, Deflators, Exchange rates, Producer Prices

This dataset contains Food Prices data for Philippines. Food prices data comes from the World Food Programme and covers foods such as maize, rice, beans, fish, and sugar for 76 countries and some 1,500 markets. It is updated weekly but contains to a large extent monthly data. The data goes back as far as 1992 for a few countries, although many countries started reporting from 2003 or thereafter.

In 2024, after five years of growth, there was significant decline in the Philippine canned food market, when its value decreased by -17.2% to $3B. In general, the total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +2.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

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.

The Philippine dog and cat food market reached $3.5B in 2024, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Dog and cat food consumption peaked at $3.6B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

Philippines RPI: Food: Fruits and Vegetables: Others data was reported at 1,298.970 1978=100 in Sep 2009. This records an increase from the previous number of 1,295.240 1978=100 for Aug 2009. Philippines RPI: Food: Fruits and Vegetables: Others data is updated monthly, averaging 876.530 1978=100 from Jan 1990 (Median) to Sep 2009, with 237 observations. The data reached an all-time high of 1,298.970 1978=100 in Sep 2009 and a record low of 499.460 1978=100 in Jun 1990. Philippines RPI: Food: Fruits and Vegetables: Others data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I059: Retail Price Index: 1978=100: Metro Manila.

In 2024, the consumer price index (CPI) of rice in the Philippines was ** points higher compared to the base year 2018. The price of rice in the country peaked in the current year. The CPI is a measure of the average change over time in the prices paid by consumers for consumer goods.

For the third year in a row, the Philippine baby food market recorded decline in sales value, which decreased by -6.3% to $423M in 2024. Overall, the total consumption indicated a temperate expansion from 2012 to 2024: its value increased at an average annual rate of +2.3% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +12.4% against 2020 indices.

Informal traditional retailers accounted for nearly **** of the total food retail sales in the Philippines in 2023, making them the leading food retail channel. This was followed by supermarkets, which contributed to about a ******* of those sales. What makes informal traditional retailers popular?  With easily collapsible stalls found in very accessible spots, informal traditional retailers are usually spread out in various locations in the Philippines. These retailers typically provide fresh food items such as fruits, vegetables, fish, and meat that could be sold at a much cheaper price as they are not regulated. These sellers also have lower operating expenses as they do not need to pay rent. In addition, such retailers can offer better deals, depending on the availability of the products they are selling. Recovering from losses brought by the pandemic, the retail sales of informal traditional retailers increased by about *** percent between 2021 and 2022. Impact of inflation on grocery shopping  As the average inflation rate of all commodities in the Philippines continues to rise, households facing difficulties being able to afford necessities. A March 2023 survey revealed that most Filipino consumers check prices first before buying anything due to inflation. Meanwhile, due to rising living costs/inflation, etc., some other consumers have chosen to reduce the frequency of doing any leisure activities, such as dining out and going to bars or cinemas.

Philippines Producers Price Index: Food: Processed Fruits & Vegetables data was reported at 162.847 2000=100 in Sep 2018. This records a decrease from the previous number of 163.044 2000=100 for Aug 2018. Philippines Producers Price Index: Food: Processed Fruits & Vegetables data is updated monthly, averaging 154.800 2000=100 from Jan 2001 (Median) to Sep 2018, with 213 observations. The data reached an all-time high of 172.342 2000=100 in Feb 2016 and a record low of 105.300 2000=100 in Feb 2001. Philippines Producers Price Index: Food: Processed Fruits & 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.I052: Producer Price Index: 2000=100.

The average domestic retail price of regular-milled rice in the Philippines was around **** Philippine pesos per kilogram in 2023. The retail price of this type of palay was highest in 2018, followed by a period of decline, before rising again after 2021.

21 Global import shipment records of Ready To Eat Food with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Imports of non-domestic equipment for cooking or heating food in the Philippines totaled X units in 2017, stabilizing at the previous year. In general, imports of non-domestic equipment for cooking or heating food continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year.

1691 Global export shipment records of Food with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.