Philstar
Inflation steadies at 1.7% in October
Inflation in the Philippines remained steady at 1.7% in October 2025, matching the average for the year and staying below the government's target of 2% to 4%.
This steadiness was driven by a slower increase in food prices, which decelerated to 0.3% from 0.8% in the previous month.
While meat and vegetable inflation slowed, fish prices continued to rise, increasing to 11.7% in October.
Rice prices continued to deflate at -17%, influenced by the ongoing rice import ban and robust local palay production.
The October inflation rate was lower than the 2.3% recorded in the same month last year and fell within the BSP's forecast range.
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The Bangko Sentral ng Pilipinas (BSP) projects the country's inflation rate for October to be between 1.4 percent and 2.2 percent.
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Inflation in the Philippines is expected to have slightly accelerated in October to 1.8 percent, up from 1.7 percent in September, according to a poll of analysts.
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