inflation in the Philippines - updates

Rappler's latest stories on inflation in the Philippines

ARTICLE FINDER

Relaxed coronavirus rules push inflation up to 2.5% in June 2020

Jul 07, 2020 - 9:05 AM

(UPDATED) As the economy reopens with limited transportation options and physical distancing rules in place, tricycle fares soar in June

Inflation slows to 2.1% in May 2020

Jun 05, 2020 - 9:07 AM

(UPDATED) Lower transportation costs and food prices cause the downtrend in the Philippines' inflation rate

Inflation slips to 2.2% in April 2020 as virus freezes economy

May 05, 2020 - 9:07 AM

(3rd UPDATE) The Philippines' inflation slows down as oil prices plunge, while prices of some food items inch up in April

Coronavirus triggers lower inflation at 2.5% in March 2020

Apr 07, 2020 - 9:09 AM

(UPDATED) Inflation slows down in March as economic activity grinds to a halt due to the coronavirus pandemic

Inflation slows down to 2.6% in February 2020

Mar 05, 2020 - 9:06 AM

(3rd UPDATE) Transport and utility costs in the Philippines go down, as the novel coronavirus places downward pressure on global crude oil prices

Inflation inches up to 2.9% in January 2020

Feb 05, 2020 - 9:02 AM

(UPDATED) Inflation picks up in January, but remains within the Philippine government's target range

Inflation jumps to 2.5% in December, overall 2019 figure within target

Jan 07, 2020 - 9:07 AM

(UPDATED) Transportation expenses go up, but low rice prices keep inflation within target in December 2019

Inflation inches up to 1.3% in November 2019

Dec 05, 2019 - 9:03 AM

(UPDATED) Inflation jumps in November, as expected by analysts

Inflation further slows to 0.8% in October 2019

Nov 05, 2019 - 9:05 AM

(UPDATED) Inflation in the Philippines is at its slowest pace in over 3 years

Inflation cools to 0.9% as rice prices drop in September 2019

Oct 04, 2019 - 9:02 AM

(UPDATED) Rice prices drop further in September 2019, but still not as low as the economic team had hoped

Inflation continues downtrend at 1.7% in August 2019

Sep 05, 2019 - 9:05 AM

(3rd UPDATE) The inflation rate for August 2019 is even lower than the government's target range of 2% to 4%

Inflation remains low at 2.4% in July 2019

Aug 06, 2019 - 9:00 AM

(UPDATED) Inflation remains within target for the 6th straight month, but economists warn of the so-called base effect

Inflation slows down to 2.7% in June 2019

Jul 05, 2019 - 9:03 AM

(UPDATED) This is well within the government's target and the lowest inflation rate since September 2017

Bangko Sentral keeps interest rates steady, cuts inflation forecasts

Jun 20, 2019 - 5:50 PM

The Bangko Sentral ng Pilipinas maintains monetary policy settings 'for the time being' as it expects lower inflation in 2019 and 2020

RATES STEADY. Bangko Sentral ng Pilipinas Governor Benjamin Diokno holds a press briefing on June 20, 2019. Screenshot from BSP video

Inflation inches up to 3.2% in May 2019

Jun 05, 2019 - 9:05 AM

(UPDATED) The Philippines' inflation rate rises in May 2019, the first time that it rose after 6 straight months of slowdowns. Did the central bank cut rates too soon?

Inflation again settles within target at 3% in April 2019

May 07, 2019 - 9:03 AM

(4th UPDATE) As inflation eases further in April, analysts are looking at whether the Bangko Sentral ng Pilipinas will cut the benchmark interest rate or the reserve requirement ratio

Vegetables at the Commonwealth Public Market on Sunday, April 28, 2019. Photo by Darren Langit/Rappler

Inflation eases further to 3.3% in March 2019

Apr 05, 2019 - 9:05 AM

(4th UPDATE) Inflation again slows down in March. Will the central bank now cut interest rates?

Inflation eases to 6% in November 2018

Dec 05, 2018 - 9:02 AM

(3rd UPDATE) All regions post slower inflation rates except Central Luzon, which retains its October 2018 rate

Mindanao inflation rate remains higher than national average

Nov 07, 2018 - 2:36 PM

The Philippine Statistics Authority says the October inflation rate for all items increased to 7.6% in Northern Mindanao from September's 6.9%, while Caraga had 6.9% in October, up from from September's 6.1%

Trillanes amnesty, effects of inflation, Facebook crackdown in PH | Midday wRap

Oct 23, 2018 - 1:06 PM

Watch Rappler's midday wRap with Bea Cupin

Poorest Filipinos feel inflation at 8% in August 2018

Oct 22, 2018 - 6:20 PM

The Philippine Statistics Authority says inflation for the bottom 30% income households went up by 5 percentage points in August 2018 compared to the same month last year

Inflation rises to 6.2% in Q3 2018

Oct 19, 2018 - 10:35 AM

(UPDATED) This is beyond the 4.8% to 5.2% range estimated by the government for the entire year

Commonwealth Public Market on Monday, October 08, 2018. Photo by Darren Langit/Rappler

FAST FACTS: Philippine inflation rate over the years

Oct 10, 2018 - 5:00 PM

In using historical inflation data, the base year of the data should be taken into account

Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics

Sep 17, 2018 - 12:22 PM

The London-based research firm sees the Philippine peso sliding to P58 in 2019 and inflation soaring due to Typhoon Ompong

Duterte may issue EO to address inflation

Sep 12, 2018 - 10:16 AM

(UPDATED) President Rodrigo Duterte meets with his economic managers before the 29th Cabinet meeting to discuss how to contain inflation

President Rodrigo Roa Duterte presides over the 29th Cabinet Meeting at the Malacañan Palace on September 11, 2018. VALERIE ESCALERA/PRESIDENTIAL PHOTO

Rappler Talk: Economist Emmanuel de Dios on soaring inflation under Duterte

Sep 11, 2018 - 1:54 PM

On Tuesday, September 11, Rappler editor-at-large Marites Vitug sits down with Emmanuel de Dios to discuss economic issues and help make sense of the situation that Filipinos now find themselves in

Bicol workers get P30-wage increase

Sep 08, 2018 - 12:51 PM

The wage increase comes after Bicol region recorded the highest inflation rate in the country at 9%

Duterte: We're trying to control inflation

Sep 07, 2018 - 10:12 PM

President Rodrigo Duterte blames US President Donald Trump's trade war with China for inflation back home

President Rodrigo Roa Duterte disembarks from the plane upon arriving at the Queen Alia International Airport in Amman, Jordan on September 5, 2018. KING RODRIGUEZ/PRESIDENTIAL PHOTO

IN CHARTS: This is how bad August 2018 inflation is in regions

Sep 05, 2018 - 11:30 PM

Which region had the highest inflation? Where did vegetable prices spike the most? Here's a look.

Duterte admin ‘doing what it can’ to address inflation, says Arroyo

Sep 05, 2018 - 4:47 PM

Speaker Gloria Macapagal Arroyo says she encountered an even 'more alarming' economic situation when she was president, when inflation climbed to 6.6%. But she was able to lower this through rice importation.

TAMING INFLATION. Speaker Gloria Macapagal Arroyo is also an economist. File photo by LeAnne Jazul/Rappler

EXPLAINER: How inflation affects you

Sep 05, 2018 - 12:30 PM

Is inflation all bad? How does it affect savings? Rappler breaks it down for you.

[ANALYSIS] Mere hiccups? Let’s be more honest about the economy

Aug 31, 2018 - 11:59 AM

The truth is, we’re living in a sad combo of slowing growth and accelerating prices. Worse, indicators point to harder times ahead.

Government should worry about sky-high inflation – economists

Aug 07, 2018 - 5:25 PM

(UPDATED) Economists point to government agencies' inability to coordinate well as one of the main reasons why inflation accelerated further in July

INFLATION. Prices of basic goods rose in July. Photo by Jire Carreon

Rice imports fail to tame inflation in July 2018

Aug 07, 2018 - 1:30 PM

(UPDATED) The Philippine Statistics Authority says rice inflation rose to 5% in July. The average price of regular milled rice is over P41 per kilo.

RICE TARIFFS. Farmers and advocacy groups  say rice tariffication will not solve the country's rice problems. File photo by Maria Tan/Rappler

Inflation hits another fresh high of 5.7% in July 2018

Aug 07, 2018 - 9:05 AM

(UPDATED) This is mainly due to prices of food and non-alcoholic beverages, which keep rising

INFLATION. Prices of food and basic commodities soar in July. Photo by Jire Carreon

Inflation hits poorest Filipinos hard in Q2 2018

Aug 01, 2018 - 3:45 PM

The Philippine Statistics Authority says inflation for the bottom 30% income households went up by 6.5% in the 2nd quarter of 2018

INFLATION. Prices of goods soar in 2018. Photo by Ted Aljibe/AFP

Lawmaker urges banks to slash OFW remittance charges amid high inflation

Jul 07, 2018 - 1:05 PM

ACTS-OFW Representative Aniceto Bertiz III asks banks to cut charges on OFW remittances to 5%, from the current average of 10.57%

The burden of TRAIN law on Filipino mothers

May 13, 2018 - 11:37 PM

Mothers feeling the pinch due to the TRAIN law gather in Mendiola to ask the government to make adjustments and address people's needs

A Filipino mother masked with a crying face poses like a balancing weighing scale, during the small protest held on Thursday, May 10 at Mendiola, Manila, to appeal to the government to review the TRAIN law. Photo by Eloisa Lopez/Rappler

Philippines in 'golden age' of growth – ADB

Apr 11, 2018 - 1:21 PM

The Asian Development Bank projects the Philippine economy to grow by 6.8% in 2018 and 6.9% in 2019

ADB Asian development outlook 2018

With rising inflation, NEDA calls for measures to help the poor

Mar 06, 2018 - 7:25 PM

Socioeconomic Planning Secretary Ernesto Pernia says the government 'must pay closer attention to the poor,' as inflation hits a new 3-year high

Philippine inflation hits new 3-year high at 4.5% in February

Mar 06, 2018 - 10:17 AM

(3rd UPDATE) Higher prices of food and drinks, among others, drive the cost of living up, with inflation at its fastest rate since August 2014

DOF expects February inflation to exceed projections

Mar 05, 2018 - 7:45 PM

The Department of Finance attributes this to the higher prices of sin products such as cigarettes and alcoholic beverages

SIN PRODUCTS. A visit to Puregold supermarket on January 8, 2018 shows that a pack of Marlboro Black 20s is more expensive at P87.50, from last year's P68. Photo by Chrisee Dela Paz/Rappler

Higher fuel, food prices push PH inflation in October to 3-year high

Nov 07, 2017 - 3:26 PM

The Philippine inflation rate of 3.5% in October 2017 is the highest since November 2014, when it registered 3.7%

A costumer buys vegetables at a market in Manila on January 4, 2013. The Philippines' inflation rate fell to a five-year low last year, the government said Friday, helping efforts to hold down interest rates and boost economic growth. Consumer prices expanded by 3.2 percent for the entire 2012, substantially lower than the 4.6 percent recorded in 2011, the National Statistics Office said. AFP PHOTO / JAY DIRECTO / AFP PHOTO / JAY DIRECTO

Inflation rises to 3.1% in August

Sep 05, 2017 - 5:40 PM

The National Economic and Development Authority attributes the increase to higher prices of food transportation water electricity and gas

BSP keeps policy stance, cuts inflation forecast

Mar 23, 2017 - 9:15 PM

The Bangko Sentral ng Pilipinas lowers its inflation outlook for 2017 and 2018 to 3 4 and 3 respectively

WIDELY EXPECTED. Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr says the US Federal Reserve rate hike is widely expected and already priced in. Screenshot from BSP Youtube page

BSP maintains monetary policy, inflation targets

Dec 22, 2016 - 8:25 PM

The Bangko Sentral ng Pilipinas keeps the inflation target for 2017 and 2018 at 3

RATE KEPT. BSP Governor Amando Tetangco Jr says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

Duterte vs De Lima, PH economy, Olympics | 6PM wRap

Aug 18, 2016 - 7:42 PM

Watch the 6PM wRap with Maria Ressa

Philippines GDP grows 7% in Q2 2016

Aug 18, 2016 - 10:10 AM

5th UPDATE Among the major Asian emerging economies the Philippines likely remains the fastest or second fastest growing economy in Q2 2016 followed by China says Socioeconomic Planning Secretary Ernesto Pernia

Philippines maintains monetary policy; cuts inflation forecasts

Aug 11, 2016 - 8:45 PM

The BSP trims inflation forecasts for this year and the next to 1 8 from 2 and to 2 9 from 3 1 respectively

RATE KEPT. BSP Governor Amando Tetango says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

IMF retains PH growth outlook for 2016 despite global headwinds

Jul 12, 2016 - 9:45 PM

The Philippines is seen to survive the twin threats of the Brexit fallout and an impending interest rate hike by the US Fed