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

Consumer prices in Philippines rose 1.6 percent year-on-year in May of 2016, compared to a 1.4 percent in April and above market consensus of a 1.4 percent increase. It was the highest inflation rate since May 2015 as prices of food rose at a faster pace while cost of housing & utilities dropped less than in a month earlier. Core consumer prices rose 1.6 percent from a year earlier in May, up from 1.5 percent in the preceding month. It was the highest figure since February. On a monthly basis, consumer prices rose 0.3 percent, following a 0.2 percent rise in April. It was the fastest inflation rate since November 2015. Inflation Rate in Philippines averaged 8.64 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
1.60 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 1.6% 1.1% 1.4% 1.3%
2016-07-05 01:00 AM Jun 1.6% 1.9%
2016-08-05 01:00 AM Jul 2.0%
2016-09-06 01:00 AM Aug 1.9%

Philippines Inflation Rate at 13-Month High


Consumer prices in Philippines rose 1.6 percent year-on-year in May of 2016, compared to a 1.4 percent in April and above market consensus of a 1.4 percent increase. It was the highest inflation rate since May 2015 as prices rose at a faster pace for most categories.

Year-on-year, prices of heavily-weighted food and non-alcoholic beverages stood at 2.3 percent, up from 1.6 percent in April. Cost also accelerated for: alcoholic beverages and tobacco (+5.6 percent from +5.2 percent in April), clothing and footwear (+2.4 percent from +1.9 percent); furnishing, households equipment and routine maintenance (+1.6 percent from +1.4 percent), health (+2.4 percent from +2.2 percent), transport (+0.1 percent after remaining unchanged in a month earlier), communication (+0.2 percent from +0.1 percent), recreation and culture (+1.6 percent from +1.3 percent) and restaurant and miscellaneous goods and services (+2.2 percent from +2.1 percent). Cost was steady for  education (+3.6 percent). 

Core consumer prices rose 1.6 percent from a year earlier in May, up from 1.5 percent in the preceding month. It was the highest figure since February. 

On a monthly basis, consumer prices rose 0.3 percent, following a 0.2 percent rise in April. It was the fastest inflation rate since November 2015. Prices increased for: food and non-alcoholic beverages (+0.6 percent), alcoholic beverages and tobacco (+0.5 percent), clothing and footwear (+0.6 percent); furnishing, households equipment and routine maintenance (+0.3 percent), transport (+0.4 percent), health (+0.3 percent), communication (+0.1 percent), recreation and culture (+0.3 percent) and restaurant and miscellaneous goods and services (+0.1 percent). In contrast, prices declined by 0.2 percent for housing, water, electricity, gas and other fuels. Cost remained unchanged for education.

PSA l Rida Husna | rida@tradingeconomics.com
6/7/2016 2:55:21 AM

Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.10 62.80 -2.10 percent [+]
Inflation Rate Mom 0.30 0.20 9.00 -4.60 percent [+]
Consumer Price Index CPI 143.40 142.85 143.40 1.30 Index Points [+]
Core Consumer Prices 139.70 139.56 139.70 75.20 Index Points [+]
Core Inflation Rate 1.60 1.50 7.25 1.40 percent [+]
GDP Deflator 173.04 182.72 184.73 12.87 Index Points [+]
Producer Prices 135.40 134.90 180.70 81.10 Index Points [+]
Producer Prices Change -3.30 -6.60 17.50 -10.00 percent [+]
Food Inflation 2.30 1.70 17.29 -0.78 percent [+]
Export Prices 101.43 111.63 133.52 8.57 Price Index [+]
Cpi Transportation 128.00 127.50 128.80 35.10 Index Points [+]
Import Prices 110.01 113.89 138.30 11.46 Price Index [+]




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Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.16 Jun/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -0.30 May/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area 0.10 Jun/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.20 Jun/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.30 Jun/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 8.20 May/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.60 Jun/16
India 5.76 May/16
Indonesia 3.45 Jun/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.40 Jun/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.40 May/16
Jordan -1.60 May/16
Kazakhstan 17.30 Jun/16
Kenya 5.80 Jun/16
Kosovo -0.10 May/16
Kuwait 2.80 May/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.19 Jun/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.70 Jun/16
Peru 3.34 Jun/16
Philippines 1.60 May/16
Poland -0.80 Jun/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.60 May/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia 0.30 Jun/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 Jun/16
South Sudan 295.00 May/16
Spain -0.80 Jun/16
Sri Lanka 6.00 Jun/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.38 Jun/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.90 Jun/16
Ukraine 7.50 May/16
United Arab Emirates 1.60 May/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.00 Jun/16
Zimbabwe -1.69 May/16