Inflation
14 reports
June 2026 Inflation Rate Eases to 6.4 Percent
June 2026 inflation in the Philippines eased to 6.4 percent from lower fuel and food prices, though core inflation rose to 4.4 percent. Enterprises should monitor ongoing risks from El Niño weather, volatile oil prices, and Bangko Sentral ng Pilipinas interest rate hikes.
Economic Brief - June 2026
The Philippine economy contends with faster inflation and growth slowdown amid achieving an upper-middle-income status. Strict digital asset regulation, a proposed United States call center onshoring policy, and potential tariff hikes from labor compliance issues pose potential industry challenges.
BSP Raises Policy Rate to 4.75 Percent, Likely to Reach 5.25 Percent By Year-end
The Philippine Central Bank increased its key policy rate due to global supply shocks. Economists project the benchmark rate will increase again by the end of the year as inflation remains elevated.
May 2026 Inflation Rate Slowed to 6.8 Percent Month-on-Month
Philippine inflation slowed to 6.8% in May 2026 from 7.2% in April, driven by lower fuel prices. Despite easing price pressures, inflation remains above target and vulnerable to Middle East tensions. Economists expect the central bank to raise interest rates by 50 basis points in June.
Economic Brief - May 2026
While inflation and surging bond yields strain the Philippine economy, emerging industrial corridors and international economic pacts in digital infrastructure and critical minerals provide critical strategic growth channels for Philippine enterprises.
First Quarter Economic Growth at 2.8 Percent, High Prices and Increased Unemployment Heighten Economic Risks
The Philippine economy grew by only 2.8% in Q1 2026, alongside rising inflation and unemployment, raising concerns over possible stagflation. Analysts warn that prolonged global volatility and supply chain disruptions may continue to pressure businesses and consumers.
Economic Brief - March 2026
Energy shocks caused by the Middle East conflict pushed Philippine inflation to 4.1 percent and interest rates to 4.5 percent. Reduced purchasing power, supply chain disruptions, and threatened overseas Filipino worker remittances compound these inflation risks, downgrading economic forecasts.
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.
November 2025 Inflation Down to 1.5 Percent
Philippine inflation slowed to 1.5 percent in November 2025 due to falling rice prices. While recent cyclones keep some food costs high, manageable inflation supports further central bank monetary easing, offering enterprises stable near-term operating costs.
October 2025 Inflation Rate Unchanged at 1.7 Percent
Philippine inflation held at 1.7 seven percent in October 2025 as lower food costs offset utility hikes. While stable prices support monetary easing to lower borrowing costs, enterprises must navigate broader economic slowdowns driven by public corruption scandals.
Inflation Rate at 1.7 Percent in September 2025, BSP Delivers Another 25 Bps Rate Cut
Philippine inflation reached 1.7 percent due to weather shocks, but the central bank cut interest rates to counter stalling public infrastructure spending and weak business confidence. Enterprises gain lower borrowing costs but must navigate governance risks.