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

Consumer prices in Philippines rose 1.1 percent in March of 2016, up from 0.9 percent in February and in line with market consensus. A faster increase in prices of food and non-alcoholic beverages offset a further decline in cost of housing and utilities. Core consumer prices rose 1.5 percent from a year earlier in March, the same pace as in the preceding month. On a monthly basis, consumer prices rose 0.1 percent, following a 0.3 percent drop in February. Inflation Rate in Philippines averaged 8.67 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 0.90 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-05 01:00 AM Jan 1.3% 1.5% 1.3% 1.72%
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% 1.2% 1.26%
2016-06-07 01:00 AM May 1.37%
2016-07-05 01:00 AM Jun 1.42%

Philippines Inflation Rate Accelerates in March


Consumer prices in Philippines rose 1.1 percent in March of 2016, accelerating from 0.9 percent in February and in line with market consensus. A faster increase in prices of food and non-alcoholic beverages offset a further decline in cost of housing and utilities.

Year-on-year, prices increased for: alcoholic beverages and tobacco (+5.0 percent in March from +4.9 percent in February), recreation and culture (+1.1 percent from +1.0 percent) and restaurant and miscellaneous goods and services (+1.9 percent from +1.5 percent). In contrast, cost declined for housing, water, electricity, gas and other fuels (-1.5 percent from -1.2 percent). While cost of transport remained unchanged, prices were steady for: clothing and footwear (+1.8 percent); furnishing, households equipment and routine maintenance (+1.5 percent), health (+1.9 percent), communication (+0.1 percent) and education (+3.6 percent). Prices of heavily-weighted food and non-alcoholic beverages rose 1.6 percent from 1.5 percent in the previous month. 

Core consumer prices rose 1.5 percent from a year earlier in March, the same pace as in 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 0.1 percent, following a 0.3 percent drop in February. Prices rose for: alcoholic beverages and tobacco (+0.5 percent), clothing and footwear (+0.1 percent), furnishing, households equipment and routine maintenance (+0.1 percent), health (+0.1 percent), transport (+0.8 percent), recreation and culture (+0.1 percent) and restaurant and miscellaneous goods and services (+0.5 percent). In contrast, cost declined for: food and non-alcoholic beverages (-0.3 percent) and housing, water, electricity, gas and other fuels (-0.1 percent). Prices remained unchanged for  communication and education.


PSA l Rida Husna | rida@tradingeconomics.com
4/5/2016 2:54:07 AM

Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 0.90 62.80 -2.10 percent [+]
Inflation Rate Mom 0.10 -0.30 9.00 -4.60 percent [+]
Consumer Price Index CPI 142.60 142.50 142.90 1.30 Index Points [+]
Core Consumer Prices 139.20 139.10 139.20 75.20 Index Points [+]
Core Inflation Rate 1.50 1.50 7.25 1.40 percent [+]
GDP Deflator 182.72 175.07 184.73 12.87 Index Points [+]
Producer Prices 136.50 137.30 180.70 81.10 Index Points [+]
Producer Prices Change -5.20 -6.00 17.50 -10.00 percent [+]
Food Inflation 1.60 1.70 17.29 -0.78 percent [+]
Export Prices 115.17 97.60 133.52 8.57 Price Index [+]
Cpi Transportation 127.50 126.50 128.80 35.10 Index Points [+]
Import Prices 113.25 113.57 138.30 11.46 Price Index [+]




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Afghanistan 3.85 Mar/16
Albania 0.30 Mar/16
Algeria 3.04 Feb/16
Angola 23.60 Mar/16
Argentina 32.90 Feb/16
Armenia -2.00 Mar/16
Aruba -1.80 Mar/16
Australia 1.30 Mar/16
Austria 0.70 Mar/16
Azerbaijan 11.70 Feb/16
Bahamas 2.00 Dec/15
Bahrain 3.30 Mar/16
Bangladesh 5.65 Mar/16
Barbados -1.06 Dec/15
Belarus 12.80 Mar/16
Belgium 2.04 Apr/16
Belize 0.30 Feb/16
Benin -0.20 Feb/16
Bhutan 3.53 Dec/15
Bolivia 3.28 Mar/16
Bosnia and Herzegovina -1.80 Mar/16
Botswana 3.00 Mar/16
Brazil 9.39 Mar/16
Brunei -0.20 Feb/16
Bulgaria -1.50 Mar/16
Burkina Faso -0.20 Feb/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.30 Mar/16
Cape Verde -1.20 Mar/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.50 Mar/16
China 2.30 Mar/16
Colombia 7.98 Mar/16
Comoros 1.40 Dec/14
Congo 2.04 Feb/16
Costa Rica -1.10 Mar/16
Croatia -1.70 Mar/16
Cuba 5.30 Dec/14
Cyprus -2.50 Mar/16
Czech Republic 0.30 Mar/16
Denmark 0.00 Mar/16
Djibouti 2.60 Mar/15
Dominican Republic 1.59 Mar/16
East Timor -1.60 Feb/16
Ecuador 2.32 Mar/16
Egypt 9.00 Mar/16
El Salvador 1.12 Mar/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.20 Mar/16
Ethiopia 7.40 Apr/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.00 Mar/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 19.20 Mar/16
Greece -1.50 Mar/16
Guatemala 4.30 Mar/16
Guinea 7.70 Mar/16
Guinea Bissau 3.10 Feb/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 3.00 Mar/16
Hungary -0.20 Mar/16
Iceland 1.60 Apr/16
India 4.83 Mar/16
Indonesia 3.60 Apr/16
Iran 8.90 Feb/16
Iraq 1.50 Feb/16
Ireland -0.30 Mar/16
Israel -0.70 Mar/16
Italy -0.40 Apr/16
Ivory Coast 0.90 Mar/16
Jamaica 3.00 Mar/16
Japan -0.10 Mar/16
Jordan -1.67 Mar/16
Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo 0.10 Mar/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.60 Mar/16
Lebanon -3.57 Mar/16
Lesotho 6.60 Feb/16
Liberia 8.00 Dec/15
Libya 10.10 Nov/15
Liechtenstein -0.90 Mar/16
Lithuania 1.20 Mar/16
Luxembourg 0.05 Mar/16
Macau 3.31 Mar/16
Macedonia -0.40 Mar/16
Madagascar 7.20 Feb/16
Malawi 22.10 Mar/16
Malaysia 2.60 Mar/16
Maldives 1.30 Feb/16
Mali -1.50 Feb/16
Malta 1.00 Mar/16
Mauritania -0.40 Mar/16
Mauritius 0.90 Mar/16
Mexico 2.60 Mar/16
Moldova 9.40 Mar/16
Mongolia 1.70 Mar/16
Montenegro -0.90 Mar/16
Morocco 1.80 Mar/16
Mozambique 13.61 Mar/16
Myanmar 15.19 Sep/15
Namibia 6.50 Mar/16
Nepal 11.30 Feb/16
Netherlands 0.60 Mar/16
New Caledonia 0.90 Mar/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 Mar/16
Niger 1.10 Mar/16
Nigeria 12.80 Mar/16
North Korea 55.00 Jul/13
Norway 3.30 Mar/16
Oman 0.10 Mar/16
Pakistan 4.17 Apr/16
Palestine 0.32 Mar/16
Panama 0.60 Mar/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Mar/16
Poland -1.10 Apr/16
Portugal 0.40 Mar/16
Puerto Rico 0.50 Feb/16
Qatar 3.30 Mar/16
Republic of the Congo 3.70 Apr/15
Romania -3.00 Mar/16
Russia 7.30 Mar/16
Rwanda 5.80 Mar/16
Sao Tome and Principe 4.30 Feb/16
Saudi Arabia 4.30 Mar/16
Senegal 1.30 Mar/16
Serbia 0.60 Mar/16
Seychelles -3.20 Mar/16
Sierra Leone 8.85 Dec/15
Singapore -1.00 Mar/16
Slovakia -0.50 Mar/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.30 Mar/16
South Korea 1.00 Apr/16
South Sudan 245.20 Mar/16
Spain -1.10 Apr/16
Sri Lanka 3.10 Apr/16
Sudan 12.94 Feb/16
Suriname 31.88 Feb/16
Swaziland 4.90 Dec/15
Sweden 0.80 Mar/16
Switzerland -0.90 Mar/16
Syria 43.02 Oct/15
Taiwan 2.00 Mar/16
Tajikistan 5.60 Mar/16
Tanzania 5.40 Mar/16
Thailand 0.07 Apr/16
Togo 1.10 Mar/16
Trinidad and Tobago 3.40 Feb/16
Tunisia 3.30 Mar/16
Turkey 6.57 Apr/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 20.90 Mar/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.50 Mar/16
United States 0.90 Mar/16
Uruguay 10.60 Mar/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 1.89 Apr/16
Yemen 9.49 Nov/14
Zambia 21.80 Apr/16
Zimbabwe -2.31 Mar/16