Consumer prices in the Philippines increased by 0.8% month-over-month in January 2026, following a 0.9% gain in the preceding period. Inflation Rate MoM in Philippines averaged 0.62 percent from 1957 until 2026, reaching an all time high of 8.80 percent in July of 1984 and a record low of -4.50 percent in November of 1972. source: Philippine Statistics Authority

Inflation Rate MoM in Philippines is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Inflation Rate MoM is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-06 01:00 AM
Inflation Rate MoM
Dec 0.9% 0.2% 0.3% 0.2%
2026-02-05 01:00 AM
Inflation Rate MoM
Jan 0.8% 0.9% 0.4%
2026-03-05 01:00 AM
Inflation Rate MoM
Feb 0.8%


Related Last Previous Unit Reference
Consumer Price Index CPI 131.00 130.00 points Jan 2026
Core Consumer Prices 130.90 130.00 points Jan 2026
Core Inflation Rate YoY 2.80 2.40 percent Jan 2026
CPI Housing Utilities 125.40 124.20 points Jan 2026
CPI Transportation 129.90 130.40 points Jan 2026
Export Prices 113.27 114.86 points Sep 2025
Food Inflation 1.10 1.40 percent Jan 2026
GDP Deflator 124.02 118.62 points Dec 2025
Import Prices 122.98 124.57 points Sep 2025
Inflation Rate YoY 2.00 1.80 percent Jan 2026
Inflation Rate MoM 0.80 0.90 percent Jan 2026
Producer Prices 99.50 99.26 points Dec 2025
PPI YoY 0.90 0.08 percent Dec 2025
Retail Price Index YoY 1.50 1.40 percent Dec 2025


Philippines Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 8.80 -4.50 1957 - 2026 percent Monthly
NSA