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.
Inflation up 1.5% in August
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., This news data comes from:http://hqwkxxm.redcanaco.com
“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.
“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.
Inflation up 1.5% in August
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.
- Prompt release of educational aids sought
- DPWH exec asked lawmaker to make budget insertions — Lacson
- House panel defers 2026 DPWH budget until agency submit changes
- Kneecap to play Paris concert in defiance of objections
- PH Army showcases disaster response capabilities before Thai defense officials
- Go Negosyo, CFO push migrant empowerment
- China to bolster non-Western alliances at summit, parade
- Protesters storm Discaya office in Pasig to demand accountability for 'ghost flood control projects'
- Firefighters arrested by US immigration officials
- Putin meets Kim, praises North Korean troops in Russia
