Core inflation inflation 2023
Philippines
Average core inflation inflation
4.9%
+0.4 higher than 2022
vs overall inflation: 6.0%
What's included in core inflation?
Core inflation excluding food and energy (World Bank category)
Monthly progress
Monthly core inflation inflation during 2023.
Month overview
| Month | Core inflation |
|---|---|
| January | 6.5% |
| February | 6.3% |
| March | 6.0% |
| April | 5.6% |
| May | 5.1% |
| June | 4.4% |
| July | 3.7% |
| August | 4.4% |
| September | 4.7% |
| October | 4.4% |
| November | 3.7% |
| December | 3.9% |
| Average | 4.9% |