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Cost of food in Philippines increased 0.40 percent in June 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. With the exception of 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.
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 data cover the following sub-national areas: Cordillera Administrative region, Region XIII, Region VI, Region V, Region III, Autonomous region in Muslim Mindanao, Region IV-A, Region VIII, Region VII, Region X, Region II, Region IV-B, Region XII, Region XI, Region I, National Capital region, Region IX, Market Average
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Inflation Rate in Philippines increased to 1.40 percent in June from 1.30 percent in May 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.
According to a 2023 survey by Rakuten Insight on inflation in the Philippines, the majority of respondents across all age groups indicated that their ability to pay for basic necessities such as food, clothing, healthcare were most affected by the rising prices. Meanwhile, over half of the survey participants said they were unable to save due to inflation.
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.
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.
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.
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Core Inflation Rate: excl Selected Food and Energy Items: 1994=100 data was reported at 7.600 % in Dec 2004. This records an increase from the previous number of 7.300 % for Nov 2004. Core Inflation Rate: excl Selected Food and Energy Items: 1994=100 data is updated monthly, averaging 3.600 % from Jan 2003 (Median) to Dec 2004, with 24 observations. The data reached an all-time high of 7.600 % in Dec 2004 and a record low of 2.400 % in May 2003. Core Inflation Rate: excl Selected Food and Energy Items: 1994=100 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I042: Core Inflation Rate: 1994=100. Rebased from 1994=100 to 2000=100 Replacement series ID: 34619001
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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.
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Key information about Philippines CPI: Food and Non Alcoholic Beverage Change
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Core Inflation Rate: excl Selected Food and Energy Items: 2000=100 data was reported at 3.400 % in Dec 2011. This records a decrease from the previous number of 3.700 % for Nov 2011. Core Inflation Rate: excl Selected Food and Energy Items: 2000=100 data is updated monthly, averaging 4.000 % from Jan 2003 (Median) to Dec 2011, with 108 observations. The data reached an all-time high of 8.100 % in Feb 2005 and a record low of 2.300 % in Nov 2007. Core Inflation Rate: excl Selected Food and Energy Items: 2000=100 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I028: Core Inflation Rate: 2000=100.
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Philippines Consumer Price Index (CPI): Weights: Food: Rice: Special data was reported at 6.070 % in 2013. This stayed constant from the previous number of 6.070 % for 2012. Philippines Consumer Price Index (CPI): Weights: Food: Rice: Special data is updated yearly, averaging 6.070 % from Dec 1994 (Median) to 2013, with 20 observations. The data reached an all-time high of 6.070 % in 2013 and a record low of 6.070 % in 2013. Philippines Consumer Price Index (CPI): Weights: Food: Rice: Special data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I032: Consumer Price Index: 2000=100: By Weights: Annual.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Cost of food in Philippines increased 0.40 percent in June 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.