Annual core inflation in the Philippines eased to 4.2% in July 2026, down from 4.4% in June, which was the highest reading since December 2023. 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. source: Philippine Statistics Authority
Core Inflation Rate in Philippines is expected to be 3.80 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.