Inflation Philippines 2016
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 2.2%. The lowest inflation was in February at 0.5%.
- Highest month
- December: 2.2%
- Lowest month
- February: 0.5%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 1.7%. The lowest price increase was in Energy with an average of 0.4%.
- Highest increase
- Core inflation: 1.7%
- Lowest increase
- Energy: 0.4%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2.6%
- All-time high (2011)
- 4.7%
- All-time low (2015)
- 0.7%
Trend
Inflation shows a downward trend. Compared to 2015, inflation has fallen by +0.6 percentage point.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- September: +2.1 percentage points
ECB Target
Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.7% | -0.8 |
| February | 0.5% | -1.0 |
| March | 0.6% | -0.9 |
| April | 0.7% | -0.7 |
| May | 0.9% | 0.0 |
| June | 1.3% | +0.7 |
| July | 1.3% | +1.1 |
| August | 1.3% | +1.3 |
| September | 1.7% | +2.1 |
| October | 1.8% | +2.0 |
| November | 2.1% | +1.8 |
| December | 2.2% | +1.5 |
| Average | 1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.