Philippines Inflation Rate  1958-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Philippines rose 2.7 percent year-on-year in January of 2017, following a 2.6 percent increase in December. It was the highest inflation rate since December 2014 as cost rose faster for housing, utilities and transport. Core inflation rate stood at 2.5 percent year-on-year, the same as in the prior month and the highest since March 2015. On a monthly basis, consumer prices went up 0.3 percent, also the same rate as in December. Inflation Rate in Philippines averaged 8.57 percent from 1958 until 2017, reaching an all time high of 62.80 percent in September of 1984 and a record low of -2.10 percent in January of 1959.

Philippines Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-06 01:00 AM Nov 2.5% 2.3% 2.2% 2.3%
2017-01-05 01:00 AM Dec 2.6% 2.5% 2.4%
2017-02-07 01:00 AM Jan 2.7% 2.6% 2.8% 2.8%
2017-03-07 01:00 AM Feb 2.7% 3.4%
2017-04-05 01:00 AM Mar 3.6%
2017-05-05 01:00 AM Apr 3.4%




Philippines Inflation Rate At 25-Month High Of 2.7%


Consumer prices in Philippines rose 2.7 percent year-on-year in January of 2017, following a 2.6 percent increase in December. It is the highest inflation rate since December 2014 as cost rose faster for housing, utilities and transport.

In January, upward price pressures came from most components, including clothing and footwear (2.8 percent from 2.5 percent in the previous month), housing, water, electricity, gas and other fuels (1.8 percent from 1.3 percent), furnishing households equipment and routine maintenance (2.3 percent from 2.4 percent), health (2.6 percent from 2.3 percent), transport (2.4 percent from 1.9 percent), recreation and culture (1.9 percent from 1.7 percent) and restaurants and miscellaneous goods and services (2.2 percent from 2.1 percent). Prices of heavily-weighted food and non-alcoholic beverages increased by 3.4 percent, compared to a 3.6 percent rise in December. Inflation was steady for communication (0.1 percent) and education (1.8 percent).

Core inflation rate stood at 2.5 percent year-on-year, the same as in the prior month. The figure remained the highest since March 2015.

On a monthly basis, consumer prices went up 0.3 percent, also the same rate as in December. Prices rose for: food and non-alcoholic beverages (+0.5 percent); alcoholic beverages and tobacco (+0.4 percent); clothing and footwear (+0.4 percent); housing, water, electricity, gas and other fuels (+0.2 percent); furnishing, households equipment and routine maintenance (+0.2 percent); health (+0.4 percent); recreation and culture (+0.2 percent) and restaurant and miscelleneous goods and services (+0.1. percent). In contrast, cost of transport fell 0.4 percent while cost of education remained unchanged.

PSA | Rida Husna | rida@tradingeconomics.com
2/7/2017 11:16:08 AM



Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 2.70 2.60 62.80 -2.10 percent [+]
Inflation Rate Mom 0.30 0.30 9.00 -4.60 percent [+]
Consumer Price Index CPI 146.80 146.30 146.80 1.30 Index Points [+]
Core Consumer Prices 142.40 142.10 142.40 75.20 Index Points [+]
Core Inflation Rate 2.50 2.50 7.25 1.40 percent [+]
GDP Deflator 186.39 178.29 186.39 12.87 Index Points [+]
Producer Prices 135.20 134.90 180.70 81.10 Index Points [+]
Producer Prices Change -2.90 -3.30 17.50 -10.00 percent [+]
Food Inflation 3.40 3.60 17.29 -0.78 percent [+]
Export Prices 110.45 91.18 133.52 8.57 Price Index [+]
Cpi Transportation 130.80 131.30 131.30 35.10 Index Points [+]
Import Prices 115.66 111.24 138.30 11.46 Price Index [+]



Philippines Inflation Rate Notes

In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcoholic beverages, tobacco, furnishing, household equipment, restaurants and other goods and services account for the remaining 15 percent. This page 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. Philippines Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.60 62.80 -2.10 1958 - 2017 percent Monthly



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Afghanistan 4.60 Nov/16
Albania 2.80 Jan/17
Algeria 6.95 Dec/16
Angola 40.39 Jan/17
Argentina 40.50 Apr/16
Armenia -0.60 Jan/17
Aruba -0.30 Dec/16
Australia 1.50 Dec/16
Austria 2.00 Jan/17
Azerbaijan 11.90 Jan/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Jan/17
Bangladesh 5.15 Jan/17
Barbados -0.60 Jul/16
Belarus 9.50 Jan/17
Belgium 2.97 Feb/17
Belize 1.10 Dec/16
Benin -2.80 Dec/16
Bhutan 3.71 Dec/16
Bolivia 3.68 Jan/17
Bosnia and Herzegovina -0.20 Dec/16
Botswana 3.10 Jan/17
Brazil 5.35 Jan/17
Brunei -0.20 Jan/17
Bulgaria 1.40 Jan/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.87 Dec/16
Cameroon 0.55 Sep/17
Canada 2.10 Jan/17
Cape Verde -1.40 Dec/16
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.80 Jan/17
China 2.50 Jan/17
Colombia 5.47 Jan/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 0.66 Jan/17
Croatia 0.90 Jan/17
Cuba 4.50 Dec/16
Cyprus 0.50 Jan/17
Czech Republic 2.20 Jan/17
Denmark 0.90 Jan/17
Djibouti 2.40 Dec/16
Dominican Republic 2.33 Jan/17
East Timor -0.30 Jan/17
Ecuador 0.90 Jan/17
Egypt 28.10 Jan/17
El Salvador -0.26 Jan/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.70 Jan/17
Ethiopia 6.10 Jan/17
Euro Area 1.80 Jan/17
European Union 1.70 Jan/17
Fiji 6.80 Jan/17
Finland 0.80 Jan/17
France 1.30 Jan/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 3.90 Jan/17
Germany 1.90 Jan/17
Ghana 13.30 Jan/17
Greece 1.20 Jan/17
Guatemala 3.83 Jan/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.44 Jan/17
Hong Kong 1.30 Jan/17
Hungary 2.30 Jan/17
Iceland 1.90 Feb/17
India 3.17 Jan/17
Indonesia 3.49 Jan/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.30 Jan/17
Israel 0.10 Jan/17
Italy 1.00 Jan/17
Ivory Coast 1.10 Jan/17
Jamaica 2.60 Jan/17
Japan 0.30 Dec/16
Jordan 2.50 Jan/17
Kazakhstan 7.90 Jan/17
Kenya 6.99 Jan/17
Kosovo 1.70 Jan/17
Kuwait 3.29 Jan/17
Kyrgyzstan 0.50 Jan/17
Laos 2.27 Jan/17
Latvia 2.90 Jan/17
Lebanon 4.68 Jan/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.30 Jan/17
Lithuania 2.30 Jan/17
Luxembourg 1.70 Jan/17
Macau 1.76 Jan/17
Macedonia 0.60 Jan/17
Madagascar 7.00 Dec/16
Malawi 18.20 Jan/17
Malaysia 3.20 Jan/17
Maldives 1.80 Dec/16
Mali -0.80 Dec/16
Malta 1.40 Jan/17
Mauritania 2.80 Dec/16
Mauritius 1.80 Jan/17
Mexico 4.72 Jan/17
Moldova 3.00 Jan/17
Mongolia 3.30 Jan/17
Montenegro 2.00 Jan/17
Morocco 2.10 Jan/17
Mozambique 20.56 Jan/17
Myanmar 11.38 May/16
Namibia 8.20 Jan/17
Nepal 3.20 Jan/17
Netherlands 1.70 Jan/17
New Caledonia 0.60 Dec/16
New Zealand 1.30 Dec/16
Nicaragua 3.88 Jan/17
Niger -2.20 Dec/16
Nigeria 18.72 Jan/17
North Korea 55.00 Jul/13
Norway 2.80 Jan/17
Oman 1.80 Jan/17
Pakistan 3.66 Jan/17
Palestine -0.26 Jan/17
Panama 1.60 Jan/17
Papua New Guinea 6.80 Sep/16
Paraguay 1.90 Jan/17
Peru 3.10 Jan/17
Philippines 2.70 Jan/17
Poland 1.80 Jan/17
Portugal 1.30 Jan/17
Puerto Rico 0.50 Dec/16
Qatar 1.20 Jan/17
Republic of the Congo 3.70 Apr/15
Romania 0.10 Jan/17
Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
Sao Tome and Principe 4.70 Jan/17
Saudi Arabia -0.40 Jan/17
Senegal 1.80 Jan/17
Serbia 2.40 Jan/17
Seychelles -0.60 Jan/17
Sierra Leone 15.26 Nov/16
Singapore 0.60 Jan/17
Slovakia 0.70 Jan/17
Slovenia 1.30 Jan/17
Somalia -4.00 Dec/14
South Africa 6.60 Jan/17
South Korea 2.00 Jan/17
South Sudan 479.70 Dec/16
Spain 3.00 Feb/17
Sri Lanka 5.60 Jan/17
Sudan 30.47 Dec/16
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.40 Jan/17
Switzerland 0.30 Jan/17
Syria 52.50 Jul/16
Taiwan 2.25 Jan/17
Tajikistan 5.30 Jan/17
Tanzania 5.20 Jan/17
Thailand 1.55 Jan/17
Togo 0.40 Dec/16
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Jan/17
Turkey 9.22 Jan/17
Turkmenistan 6.17 Dec/16
Uganda 5.90 Jan/17
Ukraine 12.60 Jan/17
United Arab Emirates 2.30 Jan/17
United Kingdom 1.80 Jan/17
United States 2.50 Jan/17
Uruguay 8.30 Jan/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.22 Jan/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe -0.65 Jan/17