Philippines Food Inflation  Forecast


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Food Inflation in Philippines is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Philippines to stand at 4.85 in 12 months time. In the long-term, the Philippines Food Inflation is projected to trend around 3.50 percent in 2020, according to our econometric models.


Philippines Prices Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.5 3.3 3.3 3.4 3.4 3.4
Inflation Rate Mom 0.3 0.2 0.3 0.3 0.62 0.3
Consumer Price Index CPI 150 151 152 152 152 167
Core Consumer Prices 145 146 148 148 148 160
Core Inflation Rate 3.2 3 3.2 3.3 3.95 3.7
GDP Deflator 182 192 186 186 179 212
Producer Prices 132 138 140 143 132 161
Producer Prices Change -0.5 0.6 1.5 2.9 3 2.8
Food Inflation 3.6 3.7 3 3.8 4.85 3.5
Import Prices 110 117 118 118 113 128
Export Prices 92.2 112 109 109 92.4 119
CPI Housing Utilities 134 135 136 136 136 135
CPI Transportation 133 135 136 136 135 148