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., This news data comes from:http://mrcca.aichuwei.com
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.
“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.
- Customs recovers 10 more Discaya luxury cars
- 'Large shark' kills man off Sydney beach
- WorldSkills Asean Manila begins
- Malacañang hits back at VP Duterte's criticism on flood scam probe
- Globe partners with unconnected.org to provide remote schools with sustainable internet connectivity
- Boy killed, mother injured in Pasig fire
- House party leaders want to return proposed 2026 budget to Executive
- 15 people hospitalized after double-decker bus crashes outside London's Victoria Station
- Makati earns high rating in anti-trafficking and violence assessment
- Bersamin letter proves Torre reassignments ‘valid’
