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

Consumer prices in Philippines rose 2.5 percent year-on-year in November 2016, following a 2.3 percent increase in October and above market expectations of 2.2 percent. It was the highest inflation rate since February 2015, as prices increased at a faster pace for housing and utilities (+1.3 percent vs +0.9 percent in October) and transport (+0.5 percent vs +0.2 percent). Core inflation rate rose to 2.4 percent, compared to 2.3 percent in the prior month. On a monthly basis, consumer prices went up 0.6 percent, the biggest growth since July 2014. Inflation Rate in Philippines averaged 8.59 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
Receive the next reported value for Philippines Inflation Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-05 01:00 AM Sep 2.3% 1.8% 2.1% 2.1%
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 2.5% 2.62%
2017-02-05 01:00 AM Jan 2.72%
2017-03-04 01:00 AM Feb 2.78%




Philippines Inflation Rate at-21 Month High of 2.5%


Consumer prices in Philippines rose 2.5 percent year-on-year in November 2016, following a 2.3 percent increase in October and above market expectations of 2.2 percent. It was the highest inflation rate since February 2015, as prices increased at a faster pace for housing and utilities and transport. Core inflation rate rose to 2.4 percent, compared to 2.3 percent in the prior month. On a monthly basis, consumer prices went up 0.6 percent, the biggest growth since July 2014.

Cost rose at a faster pace for: housing, water, electricity, gas and other fuels (+1.3 percent from + 0.9 percent); transport (+0.5 percent from +0.2 percent) and alcoholic beverages and tobacco (+6.5 percent from +6.1 percent).

Inflation was steady for: furnishing households equipment and routine maintenance (+2.4 percent); health (+2.6); communication (+0.1 percent) and education (+1.8 percent).

Prices increased at a slower pace for: heavily-weighted food and non-alcoholic beverages (+3.3 percent from +3.4 percent); clothing and footwear (+2.6 percent from +2.8 percent); recreation and culture (+1.6 percent from +1.8 percent) and restaurant and miscellaneous goods and services (+2.1 percent from +2.4 percent). 

Core consumer prices went up 2.4 percent from a year earlier, faster than a 2.3 percent rise in the prior month. It was the highest inflation rate since April 2015.

On a monthly basis, consumer prices jumped 0.6 percent, after a 0.2 percent gain in October. It was the highest monthly inflation rate since July 2014 driven by: food and non-alcoholic beverages (+0.1 percent); alcoholic beverages and tobacco (+1.3 percent); clothing and footwear (+1.3 percent); housing, water, electricity, gas and other fuels (+0.4 percent); furnishing, households equipment and routine maintenance (+0.1 percent); health (+0.1 percent); transport (+0.2 percent); recreation and culture (+0.1 percent) and education (+0.1 percent). 

Statistic of Philippines l Chusnul Ch Manan | chusnul@tradingeconomics.com
12/6/2016 11:56:34 AM



Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.30 62.80 -2.10 percent [+]
Inflation Rate Mom 0.60 0.20 9.00 -4.60 percent [+]
Consumer Price Index CPI 145.80 144.90 145.80 1.30 Index Points [+]
Core Consumer Prices 141.40 140.90 141.40 75.20 Index Points [+]
Core Inflation Rate 2.40 2.30 7.25 1.40 percent [+]
GDP Deflator 178.29 173.46 184.71 12.87 Index Points [+]
Producer Prices 133.90 134.50 180.70 81.10 Index Points [+]
Producer Prices Change -3.70 -3.80 17.50 -10.00 percent [+]
Food Inflation 3.30 3.40 17.29 -0.78 percent [+]
Export Prices 91.18 96.28 133.52 8.57 Price Index [+]
Cpi Transportation 128.30 128.00 128.80 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.30 62.80 -2.10 1958 - 2016 percent Monthly



Last
Afghanistan 6.69 Oct/16
Albania 1.90 Nov/16
Algeria 4.76 Oct/16
Angola 40.04 Oct/16
Argentina 40.50 Apr/16
Armenia -0.60 Nov/16
Aruba -0.10 Oct/16
Australia 1.30 Sep/16
Austria 1.30 Oct/16
Azerbaijan 11.60 Oct/16
Bahamas -0.33 Jun/16
Bahrain 1.50 Oct/16
Bangladesh 5.38 Nov/16
Barbados -0.98 May/16
Belarus 11.00 Oct/16
Belgium 1.77 Nov/16
Belize 0.70 Oct/16
Benin -3.40 Oct/16
Bhutan 3.31 Jun/16
Bolivia 3.88 Nov/16
Bosnia and Herzegovina -0.90 Oct/16
Botswana 2.70 Oct/16
Brazil 6.99 Nov/16
Brunei -0.50 Oct/16
Bulgaria -0.60 Oct/16
Burkina Faso -0.70 Oct/16
Burundi 6.00 Oct/16
Cambodia 2.89 Sep/16
Cameroon 0.64 Jun/16
Canada 1.50 Oct/16
Cape Verde -1.30 Oct/16
Cayman Islands -0.80 Jun/16
Central African Republic 38.04 Feb/16
Chad -5.00 Sep/16
Chile 2.90 Nov/16
China 2.30 Nov/16
Colombia 5.96 Nov/16
Comoros 1.40 Dec/14
Congo 9.72 Oct/16
Costa Rica 0.56 Nov/16
Croatia -0.50 Oct/16
Cuba 4.50 Dec/16
Cyprus -1.40 Nov/16
Czech Republic 1.50 Nov/16
Denmark 0.30 Oct/16
Djibouti 3.70 Sep/16
Dominican Republic 0.91 Oct/16
East Timor -1.30 Oct/16
Ecuador 1.05 Nov/16
Egypt 19.40 Nov/16
El Salvador -0.82 Nov/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 1.00 Nov/16
Ethiopia 7.00 Nov/16
Euro Area 0.60 Nov/16
European Union 0.50 Oct/16
Fiji 4.70 Oct/16
Finland 0.50 Oct/16
France 0.50 Nov/16
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 0.20 Nov/16
Germany 0.80 Nov/16
Ghana 15.80 Oct/16
Greece -0.90 Nov/16
Guatemala 4.76 Oct/16
Guinea 8.50 Sep/16
Guinea Bissau 0.60 Oct/16
Guyana 0.80 Sep/16
Haiti 13.30 Oct/16
Honduras 3.04 Nov/16
Hong Kong 1.20 Oct/16
Hungary 1.10 Nov/16
Iceland 2.10 Nov/16
India 4.20 Oct/16
Indonesia 3.58 Nov/16
Iran 9.30 Oct/16
Iraq 0.30 Sep/16
Ireland -0.10 Nov/16
Israel -0.30 Oct/16
Italy 0.10 Nov/16
Ivory Coast 0.60 Oct/16
Jamaica 1.80 Oct/16
Japan 0.10 Oct/16
Jordan -0.50 Oct/16
Kazakhstan 8.70 Nov/16
Kenya 6.68 Nov/16
Kosovo 0.90 Oct/16
Kuwait 3.62 Oct/16
Kyrgyzstan -0.20 Oct/16
Laos 1.84 Sep/16
Latvia 1.30 Nov/16
Lebanon 1.13 Oct/16
Lesotho 5.70 Oct/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.30 Nov/16
Lithuania 1.00 Nov/16
Luxembourg 0.54 Nov/16
Macau 1.33 Oct/16
Macedonia -0.20 Nov/16
Madagascar 6.70 Sep/16
Malawi 20.10 Oct/16
Malaysia 1.40 Oct/16
Maldives 0.40 Sep/16
Mali -3.50 Aug/16
Malta 0.50 Oct/16
Mauritania 2.60 Oct/16
Mauritius 2.20 Nov/16
Mexico 3.31 Nov/16
Moldova 2.50 Oct/16
Mongolia -0.10 Oct/16
Montenegro 0.20 Oct/16
Morocco 1.60 Oct/16
Mozambique 25.53 Oct/16
Myanmar 10.67 Mar/16
Namibia 7.30 Oct/16
Nepal 6.70 Oct/16
Netherlands 0.60 Nov/16
New Caledonia -0.20 Oct/16
New Zealand 0.40 Sep/16
Nicaragua 3.30 Nov/16
Niger -0.60 Oct/16
Nigeria 18.30 Oct/16
North Korea 55.00 Jul/13
Norway 3.50 Nov/16
Oman 2.04 Oct/16
Pakistan 3.81 Nov/16
Palestine -1.67 Oct/16
Panama 1.40 Oct/16
Papua New Guinea 6.80 Jun/16
Paraguay 4.20 Nov/16
Peru 3.35 Nov/16
Philippines 2.50 Nov/16
Poland 0.00 Nov/16
Portugal 0.90 Oct/16
Puerto Rico -0.40 Oct/16
Qatar 2.20 Oct/16
Republic of the Congo 3.70 Apr/15
Romania -0.40 Oct/16
Russia 5.80 Nov/16
Rwanda 9.10 Oct/16
Sao Tome and Principe 5.80 Oct/16
Saudi Arabia 2.60 Oct/16
Senegal -0.30 Oct/16
Serbia 1.50 Oct/16
Seychelles -0.40 Nov/16
Sierra Leone 8.77 Mar/16
Singapore -0.10 Oct/16
Slovakia -0.30 Oct/16
Slovenia 0.60 Nov/16
Somalia -4.00 Dec/14
South Africa 6.40 Oct/16
South Korea 1.30 Nov/16
South Sudan 835.70 Oct/16
Spain 0.70 Nov/16
Sri Lanka 3.40 Nov/16
Sudan 19.60 Oct/16
Suriname 77.10 Sep/16
Swaziland 8.30 Sep/16
Sweden 1.20 Oct/16
Switzerland -0.30 Nov/16
Syria 44.50 May/16
Taiwan 1.97 Nov/16
Tajikistan 6.10 Oct/16
Tanzania 4.80 Nov/16
Thailand 0.60 Nov/16
Togo -1.10 Oct/16
Trinidad and Tobago 3.00 Sep/16
Tunisia 4.00 Nov/16
Turkey 7.00 Nov/16
Turkmenistan 7.00 Dec/15
Uganda 4.60 Nov/16
Ukraine 12.10 Nov/16
United Arab Emirates 1.90 Oct/16
United Kingdom 0.90 Oct/16
United States 1.60 Oct/16
Uruguay 8.10 Nov/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 4.52 Nov/16
Yemen 9.49 Nov/14
Zambia 8.80 Nov/16
Zimbabwe -0.95 Oct/16