The transportation sub-index of the CPI basket in Philippines increased to 108 Index Points in May of 2019 from 107.20 Index Points in April of 2019. CPI Transportation in Philippines averaged 99.36 Index Points from 2012 until 2019, reaching an all time high of 108.80 Index Points in November of 2018 and a record low of 91.90 Index Points in February of 2016.
CPI Transportation in Philippines is expected to be 107.42 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Philippines to stand at 110.03 in 12 months time. In the long-term, the Philippines CPI Transportation is projected to trend around 115.97 Index Points in 2020, according to our econometric models.