Inflation Philippines 2014
Average inflation: 3.6%
Current Inflation
Inflation is high at 3.6%, well above the ECB target.
Peak and Trough
The highest inflation was in July at 4.2%. The lowest inflation was in December at 1.9%.
- Highest month
- July: 4.2%
- Lowest month
- December: 1.9%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 5.8%. The lowest price increase was in Core inflation with an average of 2.1%.
- Highest increase
- Food: 5.8%
- Lowest increase
- Core inflation: 2.1%
Historical Context
Current inflation is around the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 10-year average
- 3.5%
- All-time high (2011)
- 4.7%
- All-time low (2013)
- 2.6%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+1.0 percentage point).
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- August: +2.4 percentage points
ECB Target
Inflation is 1.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 3.7% | +0.9 |
| February | 3.6% | +0.7 |
| March | 3.5% | +0.8 |
| April | 3.6% | +1.4 |
| May | 4.0% | +1.7 |
| June | 3.8% | +1.3 |
| July | 4.2% | +1.8 |
| August | 4.2% | +2.4 |
| September | 3.9% | +1.6 |
| October | 3.7% | +1.3 |
| November | 3.0% | +0.1 |
| December | 1.9% | -1.9 |
| Average | 3.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.