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.

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...

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.

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.; ;

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.

Cost of food in Philippines increased 0.90 percent in August 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.

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

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 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.

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.

2.9 (%) 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.

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

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.

Inflation, GDP deflator: linked series (annual %) in Philippines was reported at 2.9142 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Philippines DI: All Industries: Next Quarter: Avg Inflation Rate data was reported at 50.100 NA in Sep 2018. This records an increase from the previous number of 47.100 NA for Jun 2018. Philippines DI: All Industries: Next Quarter: Avg Inflation Rate data is updated quarterly, averaging 27.100 NA from Jun 2001 (Median) to Sep 2018, with 70 observations. The data reached an all-time high of 55.100 NA in Sep 2005 and a record low of -0.600 NA in Dec 2006. Philippines DI: All Industries: Next Quarter: Avg 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.S003: Business Expectation Survey: Indices of Expectations on Economic Indicators.

Philippines Core CPI data was reported at 127.600 2018=100 in Mar 2025. This records an increase from the previous number of 127.500 2018=100 for Feb 2025. Philippines Core CPI data is updated monthly, averaging 110.400 2018=100 from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 127.600 2018=100 in Mar 2025 and a record low of 97.900 2018=100 in Jan 2018. Philippines Core CPI data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table.PH.I008: Core Inflation Rate: 2018=100.

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.

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