Philippines' March inflation hits four-year low of 1.8%

The Philippines' inflation rate continued its decline in March 2025 to reach a four-year low of 1.8%, according to data from the Philippine Statistics Authority (PSA).

This marks the lowest level since May 2020, during the height of the pandemic.

NEDA Secretary Arsenio Balisacan said the lower inflation rate reflects the effectiveness of government efforts to stabilize prices and protect the purchasing power of Filipino households.

Inflation for bottom 30-percent income households slowed to 1.1 percent in March, down from 1.5 percent in February, providing significant relief to vulnerable sectors.

The Department of Finance (DOF) emphasized that lower food inflation especially benefited low-income households and urged the government to sustain measures that would alleviate their burden.

While the current benign inflation figure provides room for potential interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), NEDA remains vigilant regarding trade policy changes that could impact the economy.