MANILA, Philippines — Higher prices of key food items and transport costs pushed inflation up in August, the Philippine Statistics Authority (PSA) reported on Friday.
Consumer price growth increased to 1.5 percent last month, higher than the 0.9 percent recorded in the previous month but lower than the 3.3 percent recorded in the same month last year.
It is higher than the 1.2 percent median forecast of The Manila Times poll of economists but within the central bank’s 1.0- to 1.8 percent estimate for the month.
“The uptrend in the overall inflation in August 2025 was primarily brought about by the annual increase in the heavily-weighted index of food and non-alcoholic beverages at 0.9 percent during the month from an annual decline of 0.2 percent in July 2025,” the PSA said in a statement., This news data comes from:http://erlvyiwan.com
“The slower annual decrease of transport at 0.3 percent in August 2025 from 2.0 percent in the previous month also contributed to the uptrend,” it added.
Core inflation, which excludes volatile food and energy items, also rose to 2.7 percent in August from 2.3 percent in the previous month and last year’s 2.6 percent.
To date, both headline and core inflation still fell within the central bank’s 2.0 to 4.0 percent target at 1.7 percent and 2.4 percent, respectively.
Inflation up 1.5% in August
- Nepali court: Hindu holy men's nudity not obscene
- Task force cites new threats to media workers
- Iran-backed Houthis raid UN offices in Yemen and detain at least 11 employees
- PH doesn't recognize Taiwan as sovereign state, stands by 'One China Policy' -- Foreign Affairs chief
- Protesters storm Discaya compound for second straight day
- Vico Sotto's viral post sparks ethics debate, elicits response from journalists
- Group presses DA on delayed fertilizer subsidies
- US warship heading toward Caribbean Sea
- China is showing off its weaponry in a tightly controlled military parade
- Oil firms to raise fuel prices this week
