Philippines Inflation Rate  1958-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Philippines rose 1.1 percent year-on-year in April of 2016, the same as in March and slightly below market consensus of a 1.2 percent increase. Food inflation was steady while cost of housing & utilities dropped at the same pace as in a month earlier. Inflation Rate in Philippines averaged 8.65 percent from 1958 until 2016, 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. Inflation Rate in Philippines is reported by the National Statistics Office of Philippines.

Philippines Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.10 62.80 -2.10 1958 - 2016 percent Monthly
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-04 01:00 AM Feb 0.9% 1.3% 1.4% 1.2%
2016-04-05 01:00 AM Mar 1.1% 0.9% 1.1% 1.2%
2016-05-05 01:00 AM Apr 1.1% 1.1% 1.2% 1.26%
2016-06-07 01:00 AM May 1.1% 1.11%
2016-07-05 01:00 AM Jun 1.10%
2016-08-05 01:00 AM Jul 1.09%

Philippines Inflation Rate Steady at 1.1% in April


Consumer prices in Philippines rose 1.1 percent year-on-year in April of 2016, the same as in March and slightly below market consensus of a 1.2 percent increase. Food inflation was steady while cost of housing & utilities dropped at the same pace as in a month earlier.

Year-on-year, inflation accelerated for: alcoholic beverages and tobacco (+5.2 percent in April from +5.0 percent in March), clothing and footwear (+1.9 percent from +1.8 percent); furnishing, households equipment and routine maintenance (+1.4 percent from +1.5 percent), health (+2.2 percent from +1.9 percent), recreation and culture (+1.3 percent from +1.1 percent) and restaurant and miscellaneous goods and services (+2.1 percent from +1.9 percent). In contrast, cost declined for housing, water, electricity, gas and other fuels (-1.5 percent from -1.5 percent) and remained unchanged for transport. The inflation rate was steady for communication (+0.1 percent) and education (+3.6 percent). Prices of heavily-weighted food and non-alcoholic beverages rose 1.6 percent, the same pace as in March.

Core consumer prices rose 1.5 percent from a year earlier in April, unchanged from the preceding month. For 2016, the country's central bank targeted inflation between 2.0 to 4.0 percent. 

On a monthly basis, consumer prices rose 0.2 percent, following a 0.1 percent rise in March. Prices increased for: food and non-alcoholic beverages (+0.1 percent), alcoholic beverages and tobacco (+0.3 percent), clothing and footwear (+0.2 percent); furnishing, households equipment and routine maintenance (+0.2 percent), health (+0.3 percent), recreation and culture (+0.3 percent) and restaurant and miscellaneous goods and services (+0.2 percent). Cost remained unchanged for: transport, communication and education.


PSA l Rida Husna | rida@tradingeconomics.com
5/5/2016 11:12:40 AM

Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 1.10 62.80 -2.10 percent [+]
Inflation Rate Mom 0.20 0.10 9.00 -4.60 percent [+]
Consumer Price Index CPI 142.85 142.60 142.90 1.30 Index Points [+]
Core Consumer Prices 139.56 139.20 139.56 75.20 Index Points [+]
Core Inflation Rate 1.50 1.50 7.25 1.40 percent [+]
GDP Deflator 173.04 182.72 184.73 12.87 Index Points [+]
Producer Prices 136.40 136.50 180.70 81.10 Index Points [+]
Producer Prices Change -5.50 -5.20 17.50 -10.00 percent [+]
Food Inflation 1.60 1.70 17.29 -0.78 percent [+]
Export Prices 101.43 111.63 133.52 8.57 Price Index [+]
Cpi Transportation 127.50 127.50 128.80 35.10 Index Points [+]
Import Prices 110.01 113.89 138.30 11.46 Price Index [+]




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Afghanistan 3.85 Mar/16
Albania 0.30 Apr/16
Algeria 4.61 Mar/16
Angola 26.41 Apr/16
Argentina 35.00 Mar/16
Armenia -1.90 Apr/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.50 Apr/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.80 Apr/16
Bangladesh 5.61 Apr/16
Barbados -1.06 Dec/15
Belarus 12.60 Apr/16
Belgium 2.04 Apr/16
Belize 0.10 Mar/16
Benin -0.20 Feb/16
Bhutan 3.03 Mar/16
Bolivia 4.12 Apr/16
Bosnia and Herzegovina -1.60 Apr/16
Botswana 2.80 Apr/16
Brazil 9.28 Apr/16
Brunei -1.00 Apr/16
Bulgaria -2.20 Apr/16
Burkina Faso 0.70 Mar/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.70 Apr/16
Cape Verde -0.90 Apr/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.20 Apr/16
China 2.30 Apr/16
Colombia 7.93 Apr/16
Comoros 1.40 Dec/14
Congo 2.10 Mar/16
Costa Rica -0.92 Apr/16
Croatia -1.70 Apr/16
Cuba 5.30 Dec/14
Cyprus -2.47 Apr/16
Czech Republic 0.60 Apr/16
Denmark 0.00 Apr/16
Djibouti 2.60 Mar/15
Dominican Republic 1.75 Apr/16
East Timor -1.60 Mar/16
Ecuador 1.78 Apr/16
Egypt 10.30 Apr/16
El Salvador 0.86 Apr/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.80 Apr/16
Ethiopia 7.40 Apr/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.30 Apr/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 3.20 Apr/16
Germany -0.10 Apr/16
Ghana 18.70 Apr/16
Greece -1.30 Apr/16
Guatemala 4.25 Apr/16
Guinea 7.70 Mar/16
Guinea Bissau 2.30 Mar/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 2.70 Apr/16
Hungary 0.20 Apr/16
Iceland 1.70 May/16
India 5.39 Apr/16
Indonesia 3.60 Apr/16
Iran 8.30 Mar/16
Iraq 1.80 Mar/16
Ireland -0.10 Apr/16
Israel -0.90 Apr/16
Italy -0.50 Apr/16
Ivory Coast 2.00 Apr/16
Jamaica 2.40 Apr/16
Japan -0.30 Apr/16
Jordan -1.20 Apr/16
Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo -0.10 Apr/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.80 Apr/16
Lebanon -2.35 Apr/16
Lesotho 6.60 Feb/16
Liberia 7.10 Feb/16
Libya 10.10 Nov/15
Liechtenstein -0.40 Apr/16
Lithuania 1.00 Apr/16
Luxembourg 0.07 Apr/16
Macau 3.02 Apr/16
Macedonia -0.70 Apr/16
Madagascar 6.00 Mar/16
Malawi 20.10 Apr/16
Malaysia 2.10 Apr/16
Maldives 1.40 Mar/16
Mali -2.50 Apr/16
Malta 0.80 Apr/16
Mauritania 0.90 Apr/16
Mauritius 0.20 Apr/16
Mexico 2.54 Apr/16
Moldova 8.30 Apr/16
Mongolia 2.10 Apr/16
Montenegro -0.70 Apr/16
Morocco 1.60 Apr/16
Mozambique 17.29 Apr/16
Myanmar 15.19 Sep/15
Namibia 6.60 Apr/16
Nepal 10.20 Mar/16
Netherlands 0.00 Apr/16
New Caledonia 1.10 Apr/16
New Zealand 0.40 Mar/16
Nicaragua 3.60 Apr/16
Niger 0.30 Apr/16
Nigeria 13.70 Apr/16
North Korea 55.00 Jul/13
Norway 3.20 Apr/16
Oman 1.10 Apr/16
Pakistan 4.17 Apr/16
Palestine -0.28 Apr/16
Panama 0.60 Apr/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Apr/16
Poland -1.10 Apr/16
Portugal 0.50 Apr/16
Puerto Rico -0.60 Mar/16
Qatar 3.40 Apr/16
Republic of the Congo 3.70 Apr/15
Romania -3.30 Apr/16
Russia 7.30 Apr/16
Rwanda 4.40 Apr/16
Sao Tome and Principe 4.70 Mar/16
Saudi Arabia 4.20 Apr/16
Senegal 0.70 Apr/16
Serbia 0.40 Apr/16
Seychelles -1.10 Apr/16
Sierra Leone 8.85 Dec/15
Singapore -0.50 Apr/16
Slovakia -0.40 Apr/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.20 Apr/16
South Korea 1.00 Apr/16
South Sudan 266.40 Apr/16
Spain -1.10 Apr/16
Sri Lanka 4.30 Apr/16
Sudan 12.85 Apr/16
Suriname 36.60 Mar/16
Swaziland 4.90 Dec/15
Sweden 0.80 Apr/16
Switzerland -0.40 Apr/16
Syria 44.70 Nov/15
Taiwan 1.88 Apr/16
Tajikistan 5.30 Apr/16
Tanzania 5.10 Apr/16
Thailand 0.07 Apr/16
Togo 2.20 Apr/16
Trinidad and Tobago 3.30 Mar/16
Tunisia 3.40 Apr/16
Turkey 6.57 Apr/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 9.80 Apr/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.30 Apr/16
United States 1.10 Apr/16
Uruguay 10.50 Apr/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.28 May/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.64 Apr/16