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

Consumer prices in Philippines rose 2.6 percent year-on-year in December 2016, following a 2.5 percent increase in November. It was the highest inflation rate since December 2014, mainly driven by a faster increase in prices of food and non-alcoholic beverages (3.6 percent from +3.23 percent in a month earlier) and transport (+1.9 percent from +0.5 percent) while inflation was steady for housing (+1.3 percent). Core inflation rate rose to 2.5 percent year-on-year, up slightly from 2.4 percent in November. On a monthly basis, consumer prices went up 0.3 percent, compared to a 0.6 percent in the prior month. Inflation Rate in Philippines averaged 8.58 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.

Philippines Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-04 01:00 AM Oct 2.3% 2.3% 2.4% 2.1%
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 2.6% 2.68%
2017-03-07 01:00 AM Feb 2.73%
2017-04-05 01:00 AM Mar 2.78%




Philippines Inflation Rate at 2-Year High of 2.6%


Consumer prices in Philippines rose 2.6 percent year-on-year in December 2016, following a 2.5 percent increase in November. It was the highest inflation rate since December 2014, mainly driven by a faster increase in prices of food and non-alcoholic beverages and transport while inflation was steady for housing.

Cost rose at a faster pace for: food and non-alcoholic beverages (+3.6 percent from +3.3 percent in November), transport (+1.9 percent  from +0.5 percent), and recreation and culture (+1.7 percent from +1.6 percent). Price increased at a slower pace for: alcoholic beverages and tobacco (+6.3 percent from +6.5 percent), clothing and footwear (+2.5  percent from +2.6 percent), furnishing households equipment and routine maintenance (+2.4 percent); and health (+2.5 percent from +2.6). Cost was steady for: housing, water, electricity, gas and other fuels (+1.3 percent); communication (+0.1 percent); education (+1.8 percent), and restaurant and miscellaneous goods and services (+2.1 percent). 
 
Core consumer prices went up 2.5 percent from a year earlier, slightly up from a 2.4 percent rise in the prior month. It was the highest figure since March 2015.

On a monthly basis, consumer prices rose 0.3 percent, slowing from a 0.6 percent gain in November. Prices rose for: food and non-alcoholic beverages (+0.2 percent); alcoholic beverages and tobacco (+0.6 percent); clothing and footwear (+0.1 percent); housing, water, electricity, gas and other fuels (+0.3 percent); furnishing, households equipment and routine maintenance (+0.1 percent); health (+0.1 percent); transport (+2.3 percent); recreation and culture (+0.2 percent), education (0 percent), and restaurant and miscelleneous goods and services (+0.2 percent).
 
.

Statistics of Philippines l Chusnul Ch Manan | chusnul@tradingeconomics.com
1/5/2017 10:12:24 AM



Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 2.50 62.80 -2.10 percent [+]
Inflation Rate Mom 0.30 0.60 9.00 -4.60 percent [+]
Consumer Price Index CPI 146.30 145.80 146.30 1.30 Index Points [+]
Core Consumer Prices 142.10 141.40 142.10 75.20 Index Points [+]
Core Inflation Rate 2.50 2.40 7.25 1.40 percent [+]
GDP Deflator 178.29 173.46 184.71 12.87 Index Points [+]
Producer Prices 134.60 133.60 180.70 81.10 Index Points [+]
Producer Prices Change -3.50 -3.90 17.50 -10.00 percent [+]
Food Inflation 3.60 3.30 17.29 -0.78 percent [+]
Export Prices 91.18 96.28 133.52 8.57 Price Index [+]
Cpi Transportation 131.30 128.30 131.30 35.10 Index Points [+]
Import Prices 111.24 113.10 138.30 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.50 62.80 -2.10 1958 - 2016 percent Monthly



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Australia 1.30 Sep/16
Austria 1.40 Dec/16
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China 2.10 Dec/16
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Comoros 1.40 Dec/14
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Costa Rica 0.77 Dec/16
Croatia 0.20 Dec/16
Cuba 4.50 Dec/16
Cyprus -0.30 Dec/16
Czech Republic 2.00 Dec/16
Denmark 0.50 Dec/16
Djibouti 3.65 Nov/16
Dominican Republic 1.70 Dec/16
East Timor -0.80 Nov/16
Ecuador 1.12 Dec/16
Egypt 23.30 Dec/16
El Salvador -0.94 Dec/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.20 Dec/16
Ethiopia 6.70 Dec/16
Euro Area 1.10 Dec/16
European Union 1.20 Dec/16
Fiji 3.90 Dec/16
Finland 1.00 Dec/16
France 0.60 Dec/16
Gabon 2.09 Feb/16
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Georgia 1.80 Dec/16
Germany 1.70 Dec/16
Ghana 15.40 Dec/16
Greece 0.00 Dec/16
Guatemala 4.23 Dec/16
Guinea 8.60 Nov/16
Guinea Bissau 0.70 Nov/16
Guyana 0.80 Sep/16
Haiti 14.20 Nov/16
Honduras 3.04 Nov/16
Hong Kong 1.20 Nov/16
Hungary 1.80 Dec/16
Iceland 1.90 Dec/16
India 3.41 Dec/16
Indonesia 3.02 Dec/16
Iran 9.10 Nov/16
Iraq 0.20 Oct/16
Ireland -0.10 Nov/16
Israel -0.20 Dec/16
Italy 0.50 Dec/16
Ivory Coast -0.20 Dec/16
Jamaica 1.70 Dec/16
Japan 0.50 Nov/16
Jordan 0.80 Dec/16
Kazakhstan 8.50 Dec/16
Kenya 6.35 Dec/16
Kosovo 1.30 Dec/16
Kuwait 3.40 Nov/16
Kyrgyzstan -0.50 Dec/16
Laos 2.09 Nov/16
Latvia 2.20 Dec/16
Lebanon 1.78 Nov/16
Lesotho 5.70 Nov/16
Liberia 8.50 Sep/16
Libya 27.40 Jun/16
Liechtenstein -0.30 Nov/16
Lithuania 1.70 Dec/16
Luxembourg 1.10 Dec/16
Macau 1.53 Nov/16
Macedonia -0.20 Dec/16
Madagascar 6.70 Sep/16
Malawi 19.90 Nov/16
Malaysia 1.80 Dec/16
Maldives 1.20 Oct/16
Mali -0.70 Nov/16
Malta 1.00 Dec/16
Mauritania 2.70 Nov/16
Mauritius 2.30 Dec/16
Mexico 3.36 Dec/16
Moldova 2.40 Dec/16
Mongolia 1.10 Dec/16
Montenegro 0.90 Dec/16
Morocco 1.90 Nov/16
Mozambique 25.27 Dec/16
Myanmar 10.89 Apr/16
Namibia 7.30 Dec/16
Nepal 4.80 Nov/16
Netherlands 1.00 Dec/16
New Caledonia -0.10 Nov/16
New Zealand 0.40 Sep/16
Nicaragua 3.10 Dec/16
Niger -1.90 Nov/16
Nigeria 18.55 Dec/16
North Korea 55.00 Jul/13
Norway 3.50 Dec/16
Oman 1.13 Dec/16
Pakistan 3.70 Dec/16
Palestine -1.05 Dec/16
Panama 1.50 Dec/16
Papua New Guinea 6.80 Jun/16
Paraguay 3.90 Dec/16
Peru 3.23 Dec/16
Philippines 2.60 Dec/16
Poland 0.80 Dec/16
Portugal 0.90 Dec/16
Puerto Rico 0.00 Nov/16
Qatar 1.80 Dec/16
Republic of the Congo 3.70 Apr/15
Romania -0.54 Dec/16
Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
Sao Tome and Principe 6.20 Nov/16
Saudi Arabia 2.30 Nov/16
Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
Seychelles -0.20 Dec/16
Sierra Leone 15.26 Nov/16
Singapore 0.00 Nov/16
Slovakia 0.20 Dec/16
Slovenia 0.50 Dec/16
Somalia -4.00 Dec/14
South Africa 6.80 Dec/16
South Korea 1.30 Dec/16
South Sudan 457.20 Nov/16
Spain 1.60 Dec/16
Sri Lanka 4.10 Dec/16
Sudan 30.47 Dec/16
Suriname 55.50 Nov/16
Swaziland 8.20 Oct/16
Sweden 1.70 Dec/16
Switzerland 0.00 Dec/16
Syria 44.50 May/16
Taiwan 1.70 Dec/16
Tajikistan 6.10 Dec/16
Tanzania 5.00 Dec/16
Thailand 1.13 Dec/16
Togo -0.09 Nov/16
Trinidad and Tobago 2.60 Oct/16
Tunisia 4.20 Dec/16
Turkey 8.53 Dec/16
Turkmenistan 7.00 Dec/15
Uganda 5.70 Dec/16
Ukraine 12.40 Dec/16
United Arab Emirates 1.90 Oct/16
United Kingdom 1.60 Dec/16
United States 2.10 Dec/16
Uruguay 8.10 Dec/16
Uzbekistan 5.70 Dec/16
Venezuela 180.90 Dec/15
Vietnam 4.74 Dec/16
Yemen 9.49 Nov/14
Zambia 7.50 Dec/16
Zimbabwe -0.93 Dec/16