Philippines Inflation Rate - Forecast

Inflation Rate in Philippines is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Philippines to stand at 3.40 in 12 months time. In the long-term, the Philippines Inflation Rate is projected to trend around 2.80 percent in 2020, according to our econometric models.


Philippines Inflation Rate
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Philippines Prices Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 4 3.6 3.5 3.4 3.4 2.8
Inflation Rate Mom 1 0.3 0.3 0.2 0.2 0.3
Consumer Price Index CPI 153 152 152 157 156 167
Core Consumer Prices 148 148 148 153 150 155
Core Inflation Rate 3.9 3.2 3.3 3.4 3.5 3.7
GDP Deflator 190 186 186 186 199 207
Producer Prices 131 140 143 130 146 158
Producer Prices Change -1.8 1.5 2.9 3 2.3 2.8
Food Inflation 4.5 3.5 3.8 4 4.2 3.5
Import Prices 117 118 118 120 121 128
Export Prices 109 109 109 110 115 119
CPI Housing Utilities 135 135 135 135 135 135
CPI Transportation 135 136 136 137 141 148