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. Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series

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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
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