Inflation
4 reports
March 2026 Inflation Rate Up to 4.1 Percent, Elevated Inflation Seen to Persist in the Coming Months
Philippine inflation hit 4.1 percent in March 2026, driven by Middle East tensions and surging fuel costs. Despite temporary government price controls, expected central bank policy shifts to manage persistent inflation pose near-term risks to domestic business expansion.
Updates on US/Israel-Iran Conflict: Local Policy Developments and Economic Implications
The US-Iran conflict is driving Philippine fuel prices higher, pushing inflation to a 13-month high. The government is implementing four-day work weeks and seeking tax cuts to stabilize costs. Further oil price hikes may prompt the central bank to raise interest rates to manage the economy.
Two Percent Inflation Rate Recorded in January 2026
Philippine inflation increased, driven by rising housing and utility costs despite easing rice prices. While lower than the previous year, the rate marks an eleven-month high.
Full-Year 2025 Inflation Rate at 1.7 Percent
Full-year inflation for 2025 settled at a nine-year low of 1.7 percent. Although seasonal demand and crop damage caused a slight year-end uptick, the central bank expects inflation to return to the 3 percent range by 2026 as it monitors global commodity prices and supply shocks.