The annual core inflation rate in the Philippines, which excludes certain food and energy items, jumped to 4.1% in May 2026, slightly below market forecasts for a 4.2% increase but marked the highest reading since December 2023, and up from a 3.9% rise in April. source: Philippine Statistics Authority
Core Inflation Rate in Philippines averaged 3.79 percent from 2001 until 2026, reaching an all time high of 8.00 percent in March of 2023 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 June of 2026.
Core Inflation Rate in Philippines is expected to be 4.20 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 2.00 percent in 2027 and 2.10 percent in 2028, according to our econometric models.