Core consumer prices in Philippines increased 2.90 percent in August of 2019 over the same month in the previous year. Core Inflation Rate in Philippines averaged 3.84 percent from 2001 until 2019, 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.

Core Inflation Rate in Philippines is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Philippines to stand at 3.00 in 12 months time. In the long-term, the Philippines Core Inflation Rate is projected to trend around 4.10 percent in 2020, according to our econometric models.

Philippines Core Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-05 01:00 AM Core Inflation Rate YoY May 3.5% 3.4% 3.1%
2019-07-05 01:00 AM Core Inflation Rate YoY Jun 3.3% 3.5% 3.1%
2019-08-06 01:00 AM Core Inflation Rate YoY Jul 3.2% 3.3% 3.2%
2019-09-05 01:00 AM Core Inflation Rate YoY Aug 2.9% 3.2% 3.2%
2019-10-04 01:00 AM Core Inflation Rate YoY Sep 2.9% 2.5%
2019-11-05 01:00 AM Core Inflation Rate YoY Oct
2019-12-05 01:00 AM Core Inflation Rate YoY Nov


Philippines Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 2.40 62.80 -2.10 percent [+]
Inflation Rate Mom 0.20 0.30 8.80 -4.50 percent [+]
Consumer Price Index CPI 120.40 120.20 120.40 1.00 Index Points [+]
Core Consumer Prices 119.50 119.30 119.50 59.24 Index Points [+]
Core Inflation Rate 2.90 3.20 7.25 1.40 percent [+]
GDP Deflator 186.30 186.39 198.26 12.87 Index Points [+]
Producer Prices 135.25 135.77 180.70 81.10 Index Points [+]
Producer Prices Change 1.10 1.40 17.50 -10.00 percent [+]
Food Inflation 0.60 1.90 17.30 -0.80 percent [+]
Import Prices 116.44 119.16 138.30 11.46 Price Index [+]
Export Prices 91.45 101.91 133.52 8.57 Price Index [+]
CPI Housing Utilities 113.40 113.70 113.70 97.90 Index Points [+]
CPI Transportation 106.00 106.10 108.80 91.90 Index Points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.20 7.25 1.40 2001 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 57.10 Aug/19
Turkey 13.60 Aug/19
Russia 4.30 Aug/19
South Africa 4.20 Jul/19
Brazil 3.38 Aug/19
Indonesia 3.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.50 Aug/19
United States 2.40 Aug/19
Canada 2.00 Jul/19
United Kingdom 1.90 Jul/19
Australia 1.60 Jun/19
China 1.50 Aug/19
Germany 1.40 Aug/19
Euro Area 0.90 Aug/19
South Korea 0.90 Aug/19
Spain 0.90 Aug/19
Singapore 0.80 Jul/19
France 0.70 Aug/19
Japan 0.60 Jul/19
Italy 0.50 Aug/19
Switzerland 0.40 Aug/19


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