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

Consumer prices in Philippines rose 1.8 percent year-on-year in August of 2016, following a 1.9 percent increase in the previous two months while market expected a 2.0 percent rise. Prices of food and non-alcoholic beverages rose at a slower pace while cost of housing and utilities went up. Core consumer prices rose 2.0 percent from a year earlier, compared to 1.9 percent in the preceding month. It was the highest figure since December 2015. On a monthly basis, consumer prices rose 0.1 percent, the same pace as in July. Inflation Rate in Philippines averaged 8.62 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
1.80 1.90 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-05 01:00 AM Jun 1.9% 1.6% 1.9% 1.9%
2016-08-05 01:00 AM Jul 1.9% 1.9% 2.1% 2.0%
2016-09-06 01:00 AM Aug 1.8% 1.9% 2% 1.9%
2016-10-05 01:00 AM Sep 1.8% 2.1%
2016-11-04 01:00 AM Oct 2.1%
2016-12-06 01:00 AM Nov 2.0%

Philippines Inflation Rate Eases to 1.8% in August


Consumer prices in Philippines rose 1.8 percent year-on-year in August of 2016, following a 1.9 percent increase in the previous two months while market expected a 2.0 percent rise. Prices of food and non-alcoholic beverages rose at a slower pace while cost of housing and utilities went up.

Year-on-year, prices of heavily-weighted food and non-alcoholic beverages increased by 2.4 percent (from + 2.7 percent rise in July). Cost was also higher for: alcoholic beverages and tobacco (+6.0 percent from +5.8 percent), clothing and footwear (+2.6 percent from +2.5 percent); housing, water, electricity, gas and other fuels (+0.2 percent from -0.2 percent); furnishing, households equipment and routine maintenance (+2.2 percent from +2.0 percent), health (+2.7 from +2.4 percent), transport (+0.1 percent from -0.1 percent), communication (+0.1 percent from +0.1 percent), recreation and culture (+1.7 percent from +1.8 percent), education (+1.8 percent from +1.8 percent) and restaurant and miscellaneous goods and services (+2.4 percent from +2.3 percent). 

Core consumer prices rose 2.0 percent from a year earlier, compared to 1.9 percent in the preceding month. It was the highest figure since December 2015.

On a monthly basis, consumer prices rose 0.1 percent, the same pace as in July. 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 (+0.3 percent), health (+0.2 percent) and restaurant and miscellaneous goods and services (+0.2 percent). While prices declined for housing, water, electricity, gas and other fuels (-0.1 percent) and transport (-0.3 percent), cost remained unchanged for communication, recreation and culture and education.

PSA l Rida Husna | rida@tradingeconomics.com
9/6/2016 3:21:10 AM

Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.90 62.80 -2.10 percent [+]
Inflation Rate Mom 0.10 0.10 9.00 -4.60 percent [+]
Consumer Price Index CPI 144.30 144.20 144.30 1.30 Index Points [+]
Core Consumer Prices 140.50 140.40 140.50 75.20 Index Points [+]
Core Inflation Rate 2.00 1.90 7.25 1.40 percent [+]
GDP Deflator 173.46 173.28 184.71 12.87 Index Points [+]
Producer Prices 133.50 135.50 180.70 81.10 Index Points [+]
Producer Prices Change -4.10 -4.20 17.50 -10.00 percent [+]
Food Inflation 2.40 2.70 17.29 -0.78 percent [+]
Export Prices 96.28 101.43 133.52 8.57 Price Index [+]
Cpi Transportation 127.40 127.80 128.80 35.10 Index Points [+]
Import Prices 113.10 110.01 138.30 11.46 Price Index [+]




Last
Afghanistan 7.32 Aug/16
Albania 2.00 Aug/16
Algeria 7.43 Jul/16
Angola 38.18 Aug/16
Argentina 40.50 Apr/16
Armenia -1.90 Aug/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Aug/16
Azerbaijan 10.80 Aug/16
Bahamas -0.33 Jun/16
Bahrain 2.60 Aug/16
Bangladesh 5.37 Aug/16
Barbados -1.20 Apr/16
Belarus 11.80 Aug/16
Belgium 2.16 Aug/16
Belize 1.00 Jul/16
Benin -1.20 Aug/16
Bhutan 3.31 Jun/16
Bolivia 3.49 Aug/16
Bosnia and Herzegovina -1.20 Aug/16
Botswana 2.60 Aug/16
Brazil 8.97 Aug/16
Brunei -0.70 Aug/16
Bulgaria -0.30 Aug/16
Burkina Faso -0.70 Jul/16
Burundi 6.60 Aug/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.10 Aug/16
Cape Verde -1.80 Aug/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad -1.10 Jul/16
Chile 3.40 Aug/16
China 1.30 Aug/16
Colombia 8.10 Aug/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.60 Aug/16
Croatia -1.50 Aug/16
Cuba 4.40 Dec/15
Cyprus -0.36 Aug/16
Czech Republic 0.60 Aug/16
Denmark 0.20 Aug/16
Djibouti 2.00 Jul/16
Dominican Republic 1.47 Aug/16
East Timor -1.60 Aug/16
Ecuador 1.42 Aug/16
Egypt 15.50 Aug/16
El Salvador 0.95 Aug/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.30 Aug/16
Ethiopia 5.90 Aug/16
Euro Area 0.20 Aug/16
European Union 0.30 Aug/16
Fiji 5.90 Aug/16
Finland 0.40 Aug/16
France 0.20 Aug/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 0.90 Aug/16
Germany 0.40 Aug/16
Ghana 16.90 Aug/16
Greece -0.90 Aug/16
Guatemala 4.74 Aug/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jul/16
Guyana 0.62 Jul/16
Haiti 12.90 Jul/16
Honduras 2.51 Aug/16
Hong Kong 4.30 Aug/16
Hungary -0.10 Aug/16
Iceland 0.90 Aug/16
India 5.05 Aug/16
Indonesia 2.79 Aug/16
Iran 9.40 Aug/16
Iraq -0.40 Jul/16
Ireland -0.10 Aug/16
Israel -0.70 Aug/16
Italy -0.10 Aug/16
Ivory Coast -0.40 Aug/16
Jamaica 1.80 Aug/16
Japan -0.40 Jul/16
Jordan -0.60 Aug/16
Kazakhstan 17.60 Aug/16
Kenya 6.26 Aug/16
Kosovo 0.00 Aug/16
Kuwait 2.90 Aug/16
Kyrgyzstan 0.50 Aug/16
Laos 1.97 Jul/16
Latvia 0.00 Aug/16
Lebanon -0.79 Aug/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
Namibia 6.80 Aug/16
Nepal 10.40 Jul/16
Netherlands 0.20 Aug/16
New Caledonia 0.80 Aug/16
New Zealand 0.40 Jun/16
Nicaragua 3.80 Aug/16
Niger 0.80 Aug/16
Nigeria 17.60 Aug/16
North Korea 55.00 Jul/13
Norway 4.00 Aug/16
Oman 1.34 Aug/16
Pakistan 3.56 Aug/16
Palestine 0.45 Aug/16
Panama 0.50 Aug/16
Papua New Guinea 6.50 Mar/16
Paraguay 3.20 Aug/16
Peru 2.94 Aug/16
Philippines 1.80 Aug/16
Poland -0.80 Aug/16
Portugal 0.70 Aug/16
Puerto Rico -1.40 Jul/16
Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
Sierra Leone 8.77 Mar/16
Singapore -0.30 Aug/16
Slovakia -0.80 Aug/16
Slovenia 0.00 Aug/16
Somalia -4.00 Dec/14
South Africa 5.90 Aug/16
South Korea 0.40 Aug/16
South Sudan 729.70 Aug/16
Spain -0.10 Aug/16
Sri Lanka 4.00 Aug/16
Sudan 18.15 Aug/16
Suriname 63.80 Jun/16
Swaziland 7.40 Jul/16
Sweden 1.10 Aug/16
Switzerland -0.10 Aug/16
Syria 48.09 Dec/15
Taiwan 0.57 Aug/16
Tajikistan 6.40 Aug/16
Tanzania 4.90 Aug/16
Thailand 0.29 Aug/16
Togo -1.40 Aug/16
Trinidad and Tobago 2.90 Jul/16
Tunisia 3.80 Aug/16
Turkey 8.05 Aug/16
Turkmenistan 7.00 Dec/15
Uganda 4.80 Aug/16
Ukraine 8.40 Aug/16
United Arab Emirates 1.76 Jul/16
United Kingdom 0.60 Aug/16
United States 1.10 Aug/16
Uruguay 9.37 Aug/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 3.34 Sep/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.43 Aug/16