PH inflation accelerates to 1.5% in August driven by food prices

Inflation in the Philippines accelerated to 1.5% in August 2025 from 0.9% in July, driven by increased prices of food and non-alcoholic beverages.

The annual increase in food and non-alcoholic beverages rose to 0.9% in August from 0.2% in July, according to the Philippine Statistics Authority (PSA).

Core inflation, excluding volatile commodities like food and energy, increased to 2.7% in August from 2.3% in July.

The National Capital Region (NCR) experienced a faster inflation rate of 2.9% in August, up from 1.7% in July, mainly due to food and non-alcoholic beverages.

The inflation rate for housing, water, electricity, gas, and other fuels also increased to 5.1% in August from 3.7% in July.

The country's year-on-year inflation rate for 2025 is currently at 1.7%, remaining within the government's target of 2.0% to 4.0%.

Transport inflation remained unchanged at -2.0% in August compared to July.