Inflation Rate in Philippines increased to 1.50 percent in August from 0.90 percent in July of 2025. 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’ inflation rate amounted to 3.21 percent. 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.

Graph and download economic data for Inflation, consumer prices for the Philippines (FPCPITOTLZGPHL) from 1960 to 2024 about Philippines, consumer, CPI, inflation, price index, indexes, and price.

In 2024, the average inflation rate of all commodities in the Philippines amounted to 3.2 percent, about 50 percent less from the previous year. Since 2019, the highest inflation rate in the country was recorded in January 2023.

The Consumer Price Index in Philippines increased 0.60 percent in August of 2025 over the previous month. This dataset provides the latest reported value for - Philippines Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in the Philippines was 1.5 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 0.95 percent. Compared to a year ago, we see a decrease from...

Core consumer prices in Philippines increased 2.70 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, monthly percent change in the CPI in the Philippines, August, 2025 The most recent value is 0.63 percent as of August 2025, an increase compared to the previous value of 0.31 percent. Historically, the average for the Philippines from February 1994 to August 2025 is 0.37 percent. The minimum of -0.77 percent was recorded in January 2016, while the maximum of 3.43 percent was reached in January 2000. | TheGlobalEconomy.com

Philippines PH: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 2.321 % in 2017. This records an increase from the previous number of 1.699 % for 2016. Philippines PH: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 5.533 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 16.527 % in 1991 and a record low of -0.587 % in 2015. Philippines PH: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

As of July 2025, the inflation rate for all commodities in the Philippines reached 0.9 percent, reflecting a significant decrease from the same month of the previous years. The country's inflation rate peaked in January 2023.

Die Lebensmittelkosten auf den Philippinen stiegen im August 2025 um 0,90 Prozent gegenüber dem gleichen Monat des Vorjahres. Diese Seite bietet den neuesten gemeldeten Wert für - Philippinische Lebensmittelinflation - sowie frühere Veröffentlichungen, historische Höchst- und Tiefststände, kurzfristige Prognosen und langfristige Vorhersagen, Wirtschaftskalender, Umfragekonsens und Nachrichten.

Historical dataset showing Philippines inflation rate by year from 1960 to 2024.

Philippines Bangko Sentral ng Pilipinas: Inflation Target: Lower Limit data was reported at 2.000 % in 2022. This stayed constant from the previous number of 2.000 % for 2021. Philippines Bangko Sentral ng Pilipinas: Inflation Target: Lower Limit data is updated yearly, averaging 3.000 % from Dec 2002 (Median) to 2022, with 21 observations. The data reached an all-time high of 5.000 % in 2005 and a record low of 2.000 % in 2022. Philippines Bangko Sentral ng Pilipinas: Inflation Target: Lower Limit data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.I001: Consumer Price Index: Inflation Target.

In December 2024, the inflation rate in the National Capital Region (NCR) or Metro Manila reached 3.1 percent, indicating an increase from the previous month. The region's inflation rate fluctuated that year, with the highest inflation rate recorded in July.

View yearly updates and historical trends for Philippines Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Trac…

View yearly updates and historical trends for Philippines Inflation. Source: World Bank. Track economic data with YCharts analytics.

According to a 2023 survey by Rakuten Insight on inflation in the Philippines, the majority of respondents indicated that their ability to pay for basic necessities such as food, clothing, healthcare was affected by inflation. Meanwhile, around ** percent of survey participants said they were unable to save due to inflation.

CES: Philippines: Next 12 Mth: Inflation Rate data was reported at 4.200 % in Jun 2018. This records a decrease from the previous number of 4.700 % for Mar 2018. CES: Philippines: Next 12 Mth: Inflation Rate data is updated quarterly, averaging 7.200 % from Mar 2007 (Median) to Jun 2018, with 46 observations. The data reached an all-time high of 12.400 % in Sep 2008 and a record low of 1.800 % in Sep 2016. CES: Philippines: Next 12 Mth: Inflation Rate data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.H009: Consumer Expectation Survey: Outlook on Selected Economic Indicators.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Philippines was 0.95 pour cent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 1.35 pour cent. Compared to a year ago, we see a decrease from...

Inflation rate of Philippines jumped by 6.17% from 1.3 % in 2025M5 to 1.3 % in 2025M6. Since the 18.31% slump in 2025M4, inflation rate slumped by 5.86% in 2025M6.