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.

The Consumer Price Index in Philippines increased 0.10 percent in October 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.

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.

Core consumer prices in Philippines increased 2.50 percent in October 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.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in the Philippines was 1.74 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 1.5 percent. Compared to a year ago, we see a decrease from...

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.

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.

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.

Inflation, monthly percent change in the CPI in the Philippines, September, 2025 The most recent value is 0 percent as of September 2025, a decline compared to the previous value of 0.63 percent. Historically, the average for the Philippines from February 1994 to September 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

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

Monthly dataset of the Philippines Inflation Rate MoM, including historical data, latest releases, and long-term trends from 1957-02-28 to 2025-10-31. Available for free download in CSV format.

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

Philippines PH: Inflation:(GDP) Gross Domestic ProductDeflator 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 data is updated yearly, averaging 6.790 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 53.336 % in 1984 and a record low of -0.587 % in 2015. Philippines PH: Inflation:(GDP) Gross Domestic ProductDeflator 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. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

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.

Monthly dataset of the Philippines Inflation Rate, including historical data, latest releases, and long-term trends from 1958-01-31 to 2025-10-31. Available for free download in CSV format.

View yearly updates and historical trends for Philippines Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track econ…

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Philippines was 1.74 pour cent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 1.5 pour cent. Compared to a year ago, we see a decrease from...

Inflation rate (GDP deflator) of Philippines plummeted by 36.67% from 4.6 % in 2023 to 2.9 % in 2024. Since the 140.47% surge in 2022, inflation rate (GDP deflator) sank by 46.91% in 2024. 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. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

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.