Inflation Philippines 2025

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in January at 2.9%. The lowest inflation was in March at 1.8%.

Highest month
January: 2.9%
Lowest month
March: 1.8%
Difference
1.1 percentage points
Months with data
3 of 12

Category Insights

The highest price increase was in Food with an average of 2.9%. The lowest price increase was in Energy with an average of 1.8%.

Highest increase
Food: 2.9%
Lowest increase
Energy: 1.8%

Historical Context

Current inflation is 1.9% lower than the 5-year average of 4.2%.

5-year average
4.2%
10-year average
3.5%
All-time high (2023)
6%
All-time low (2015)
0.7%

Trend

Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.9 percentage point.

Change vs. previous year
-0.9 percentage points
Largest monthly swing
March: -1.9 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2025

Inflation by category

Food
2.9%
+0.6vs avg.
More details →
Energy
1.8%
-0.5vs avg.
More details →
Core inflation
1.9%
-0.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2024
January 2.9% +0.1
February 2.1% -1.3
March 1.8% -1.9
Average 2.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.

See also