Inflation in Philippines

Philippines Inflation (eop) | Economic News & Forecasts

Philippines - Inflation (end of period)

Inflation plunges to lowest level since December 2020 in December

Consumer prices flatlined over the previous month in December, coming in below November's 0.54% increase, amid softer price pressures for food. December's result marked the weakest reading since March.

Inflation dropped to 3.6% in December from November’s 4.2%. December's reading represented the weakest inflation rate since December 2020. Meanwhile, the trend was unchanged, with annual average inflation coming in at November's 4.4% in December. Finally, core inflation fell to 3.0% in December, from November’s 3.3%.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.3% in 2022, which is up 0.1 percentage points from last month’s forecast, and 3.2% in 2023.

Philippines - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)0.7  2.2  2.9  5.1  2.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Philippines Inflation (eop) Chart

Philippines Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistics Office.

Philippines Facts

Value Change Date
Bond Yield4.44-4.11 %Dec 27
Exchange Rate50.660.02 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form