Core consumer prices in Philippines increased 3 percent in December of 2021 over the same month in the previous year. source: Philippine Statistics Authority

Core Inflation Rate in Philippines averaged 3.76 percent from 2001 until 2021, reaching an all time high of 7.25 percent in October of 2008 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 August of 2022.

Core Inflation Rate in Philippines is expected to be 3.20 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 3.00 percent in 2023, according to our econometric models.

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Philippines Core Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-01-05 01:00 AM Dec 3% 3.3% 3.2% 3.3%
2022-02-04 01:00 AM Jan 3% 3% 2.6%


Related Last Previous Unit Reference
Inflation Rate 6.40 6.10 percent Jul 2022
Inflation Rate MoM 0.80 0.90 percent Jul 2022
Consumer Price Index CPI 115.80 114.90 points Jul 2022
Core Inflation Rate 3.00 3.30 percent Dec 2021
Core Consumer Prices 128.60 128.40 points Dec 2021
Producer Prices 97.46 96.50 points Jun 2022
Food Inflation 6.90 6.00 percent Jul 2022
CPI Transportation 133.20 130.80 points Jul 2022
CPI Housing Utilities 112.20 112.00 points Jul 2022

Philippines Core Inflation Rate
In Philippines, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.30 7.25 1.40 2001 - 2021 percent Monthly
NSA