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Inflation eases to 1.7% in 2025, slowest in 9 years
The Philippines concluded 2025 with an average inflation rate of 1.7%, its lowest in nine years and within the government's target range.
This annual average inflation for 2025 was significantly lower than the 3.2% recorded in 2024.
The average inflation rate in December 2025 was 1.8%, an increase from November's 1.5%, but below the 2.9% recorded in December 2024.
The slowdown in food price increases was the main driver of the lower average inflation for 2025.
National Statistician Claire Dennis Mapa announced these figures during a press conference.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Inflation in the Philippines accelerated to 1.8% in December 2025, up from 1.5% in November 2025, driven primarily by increased food prices.
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Most economists anticipate that inflation in December slowed down from November's 1.5 percent, marking the tenth consecutive month below the Bangko Sentral ng Pilipinas' (BSP) target range.
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