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inflation philippines

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UPDATE 1-Philippine April in!ation surges


above 2022 target
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From 6.6 percent in April 2023, the


Philippine Statistics Authority (PSA)
announced today that in!ation fu"her
went down to 6.1 percent in May 2023 and
since July 2022, this is the lowest year-on-
year in!ation rate. This development
brings the year-to-date (January to May
2023) average in!ation to 7.5 percent.
3 days ago

https://pia.gov.ph › 2023/06/06 › p...

PH in!ation rate continues to drop -


Philippine Information Agency
About featured snippets Feedback

People also ask

What is the current in!ation rate of the


Philippines?

Philippines In!ation Rate Data

2017 2021

In!ation (CPI, 2.9 3.9


ann. var. %,
aop)

May 5, 2023

https://www.focus-economics.com › ...

Philippines In!ation (CPI, ann. var. %, aop) -


FocusEconomics

MORE RESULTS

How much is the in!ation rate in the Philippines


2023?

Headline in!ation slowed down for the third


consecutive month in April 2023 to 6.6 percent from
the 7.6 percent in March, bringing the average
in!ation rate from January to April to 7.9 percent.
May 5, 2023

https://www.dof.gov.ph › inflation-...

In!ation rate down for 3 consecutive months, lands


at 6.6% in April 2023

MORE RESULTS

What are the e#ects of in!ation?

In an in!ationary environment, unevenly rising prices


inevitably reduce the purchasing power of some
consumers, and this erosion of real income is the
single biggest cost of in!ation. In!ation can also
disto" purchasing power over time for recipients
and payers of $xed interest rates.

https://www.imf.org › Back-to-Basics

In!ation: Prices on the Rise - International Monetary


Fund

MORE RESULTS

What is the current situation of the Philippine


economy in 2023?

What country has the highest in!ation rate?

How in!ation a#ects the economy?

How do you beat in!ation?

What is the highest in!ation rate in history?

What causes in!ation rate?

Who bene$ts from in!ation?

Who is hu" by in!ation?

Is in!ation good or bad for the economy?

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Philippine Statistics Authority


https://psa.gov.ph › ... › Price Indices

Summary In!ation Repo" Consumer Price


Index (2018=100): April 2023
May 5, 2023 — Headline inflation or the
overall inflation in the Philippines slowed
down further to 6.6 percent in April 2023
from 7.6 percent in March ...

Trading Economics
https://tradingeconomics.com › infl...

Philippines In!ation Rate - May 2023 Data


- 1958-2022 Historical
The annual inflation rate in the Philippines
dropped to 6.6% in April 2023 from 7.6%
in the previous month, below market
forecasts of 7.0%. It was the lowest ...

National Economic and Development Authority


https://neda.gov.ph › inflation-eases...

in!ation eases in feb 2023, gov't to ...

Reuters
https://www.reuters.com › asia › phi...

Philippine in!ation slows in April, builds


case for a rate pause
May 5, 2023 — The BSP, which projected
April inflation at 6.3% to 7.1%, said last
month it might pause its 10-month
tightening cycle if inflation slowed ...

Top stories

News about In!ation

Inquirer Business Philippine Star

PH in!ation rate for May In!ation may ease to


2023 slows down fu"her to by yearend
6.1%

3 days ago 1 day ago

Also in the news

Philippine Star Rappler

US think tank cuts In!ation, low-quality


Philippines in!ation threaten Philippines
forecast, retains growth growth – World Ban
outlook
13 hours ago 1 day ago

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Nikkei Asia
https://asia.nikkei.com › Economy

Philippines' economic growth slows to


6.4% in Q1 as in!ation bites
May 11, 2023 — MANILA -- The Philippine economy grew
6.4% year on year in the first quarter, the slowest pace in
two years as high inflation hurt ...

Asian Development Bank


https://www.adb.org › news › philip...

Philippine Economy to Post Robust


Growth in 2023, 2024 Despite ...
Apr 4, 2023 — Inflation is expected to
average 6.2% in 2023 before easing to
4.0% in 2024, according to the report.
Local food supply constraints and
rising ...

dof.gov.ph
https://www.dof.gov.ph › march-inf...

March in!ation fu"her slows down to 7.6


percent - Depa"ment of Finance
May 4, 2023 — Inflation in Metro Manila eased from 8.7
percent in February to 7.8 percent in March. It decelerated in
all regions except for the Bangsamoro ...

Videos
PH in!ation eases to 6.1 pct in
May | ANC
YouTube · ANC 24/7
3:40 2 days ago

PH in!ation eases for fou"h


straight month to 6.1% | ANC
YouTube · ANC 24/7
7:24 3 days ago

In!ation in the Philippines is


'much di#erent' from that of…
other countries
YouTube ...
· CNBC International TV
3:15 Mar 29, 2022

3 key moments in this video

More videos

ING Think
https://think.ing.com › snaps › phili...

Philippines: In!ation edges lower again in


April | Snap
May 5, 2023 — Price pressures continued
to moderate with April headline inflation
dipping to 6.6%YoY, well below the
market consensus for a 7.0% increase.

People also ask

What is the in!ation rate right now?

Is in!ation in the Philippines high?

When was the last highest in!ation rate in the


Philippines?

What is the highest in!ation rate in history?

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