The consumer prices in the Philippines jumped 2.6% month-on-month in April 2026, the largest increase since January 1996, accelerating from a 1.4% gain in March and defying forecasts of a 1% rise. 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 0.80 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
2026-04-07 01:00 AM
Inflation Rate MoM
Mar 1.4% 0.2% 0.9% 0.9%
2026-05-05 01:00 AM
Inflation Rate MoM
Apr 2.6% 1.4% 1% 1.3%
2026-06-05 01:00 AM
Inflation Rate MoM
May 2.6%


Related Last Previous Unit Reference
Consumer Price Index CPI 136.50 133.00 points Apr 2026
Core Consumer Prices 132.80 131.70 points Apr 2026
Core Inflation Rate YoY 3.90 3.20 percent Apr 2026
CPI Housing Utilities 132.60 127.50 points Apr 2026
CPI Transportation 156.50 142.30 points Apr 2026
Export Prices 114.65 113.37 points Dec 2025
Food Inflation 6.00 2.90 percent Apr 2026
GDP Deflator 123.15 124.26 points Mar 2026
Import Prices 122.85 123.13 points Dec 2025
Inflation Rate YoY 7.20 4.10 percent Apr 2026
Inflation Rate MoM 2.60 1.40 percent Apr 2026
Producer Prices 100.46 99.55 points Mar 2026
PPI YoY 2.50 1.40 percent Mar 2026
Retail Price Index YoY 4.80 2.10 percent Mar 2026


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
2.60 1.40 8.80 -4.50 1957 - 2026 percent Monthly
NSA