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4 paź 2024 · The Philippines’ headline inflation or overall inflation slowed down further to 1.9 percent in September 2024. This is the lowest inflation rate since the 1.6 percent inflation rate recorded in May 2020. The inflation rate in August 2024 was recorded at 3.3 percent.
- Summary Inflation Report Consumer Price Index (2018=100): July 2023
The Philippines’ headline inflation or overall inflation...
- Press Conference on The July 2023 Inflation
The Philippine Statistics Authority (PSA) announces the...
- Press Conference on The August 2023 Inflation
The Philippine Statistics Authority (PSA) announces the...
- CPI
2022 ASPBI ; 2021 ASPBI ; International Merchandise Trade...
- GWPI
Figure 1. Annual Growth Rates of the GWPI by Area, All Items...
- Environment and Natural Resources Accounts
The Philippines’ Class A coal reserves were recorded at...
- Frequently Asked Questions
Frequently Asked Questions - Consumer Price Index and...
- Environment Statistics
Environment Statistics - Consumer Price Index and Inflation...
- Summary Inflation Report Consumer Price Index (2018=100): July 2023
The annual inflation rate in the Philippines rose to 4.4% in July 2024, up from June’s three-month low of 3.7% and beating market forecasts of 4%. This was the highest inflation rate since October 2023, driven by increases in prices for housing & utilities (2.3% vs 0.1% in June), food & non-alcoholic beverages (6.4% vs 6.1%), transport (3.6% ...
The Philippines’ headline inflation accelerated to 6.9 percent in September 2022 from 4.2 percent in September 2021. This is within the BSP’s 6.6 to 7.4 percent forecast for the month1 and higher than the private sector’s median forecast of.
The latest BSP forecast indicates that inflation is likely to peak in Q4 2022 and remain above the 2.0-4.0 percent target range until Q2 2023. Inflation is seen to decelerate back to within the target range by Q3 2023.
On 18 August 2022, the BSP decided to raise the key policy rate by 50 basis points (bps) to 3.75% effective 19 August 2022. This further action is meant to anchor inflation expectations and avoid a breach in the inflation target range in 2023.
expected inflation outturns in Q3 2022, higher nowcast for Q4 2022 due to the nationwide transport fare hikes and weather-related disturbances during the quarter, higher GDP growth projections, and peso depreciation.
The Philippines’ headline inflation increased to 5.4 percent in May 2022. This is within the Bangko Sentral ng Pilipinas’ (BSP) forecast for the month of 5.0 to 5.8 percent and consistent with the private sector’s median forecast.1 YTD inflation is at 4.1 percent, slightly above the government’s inflation target of 2.0 to 4.0 percent for 2022.
