Core consumer prices in Philippines increased 6.90 percent in December of 2022 over the same month in the previous year, the most since November 2008. source: Philippine Statistics Authority
Core Inflation Rate in Philippines averaged 3.77 percent from 2001 until 2022, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Core Inflation Rate in Philippines is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Core Inflation Rate is projected to trend around 3.70 percent in 2024 and 3.00 percent in 2025, according to our econometric models.