Philippines: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 7.23 percent as of April 2026, an increase compared to the previous value of 4.07 percent. Historically, the average for the Philippines from January 1961 to April 2026 is 8.15 percent. The minimum of -1.54 percent was recorded in January 1969, while the maximum of 62.82 percent was reached in September 1984.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Philippine Statistics Authority
| Recent values | Philippines: Inflation, annual percent change in the CPI |
|---|---|
| 2026  Apr | 7.23 |
| 2026  Mar | 4.07 |
| 2026  Feb | 2.42 |
| 2026  Jan | 2.02 |
| 2025  Dec | 1.8 |
| 2025  Nov | 1.5 |
| 2025  Oct | 1.66 |
| 2025  Sep | 1.74 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.2 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 61.2003 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 18,205.31 | 6/2025 | billion |
| Consumer Price Index (CPI) | 172.9125 | 4/2026 | index points |
| Inflation, monthly | 2.63 | 4/2026 | percent |
| Inflation, annual | 7.23 | 4/2026 | percent |
| Private sector credit | 12,962.73 | Q2/2025 | billion |
| Business credit | 10,174.77 | 7/2025 | billion |
| Household credit | 3,038.98 | Q4/2025 | billion |
| Mortgage credit | 1,105.21 | Q4/2025 | billion |
| Consumer credit | 1,640.92 | 6/2025 | billion |
| Deposit interest rate | 3.71 | 12/2025 | percent |
| Mortgage credit interest rate | 7.98 | 10/2025 | percent |
| Policy rate | 4.50 | 5/2026 | percent |
| Bank deposits, total | 21,008.53 | 4/2025 | billion local currency units |
| Bank deposits, local currency | 17,357.13 | 4/2025 | billion local currency units |
| Bank deposits, foreign currency | 3,651.40 | 4/2025 | billion local currency units |