Core consumer prices in Philippines increased 3.30 percent in September of 2021 over the same month in the previous year. source: Phillipine Statistics Authority

Core Inflation Rate in Philippines averaged 3.77 percent from 2001 until 2021, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Core Inflation Rate in Philippines is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Core Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Philippines Core Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-09-07 01:00 AM Aug 3.3% 2.9% 3.1% 2.9%
2021-10-05 01:00 AM Sep 3.3% 3.3% 3.35% 3.5%
2021-11-05 01:00 AM Oct 3.3%


Philippines Last Unit Reference Previous Highest Lowest
Inflation Rate 4.80 percent Sep/21 4.90 62.80 -2.10
Inflation Rate Mom 0.00 percent Sep/21 0.60 8.80 -4.50
Consumer Price Index CPI 129.30 points Sep/21 129.30 129.30 1.00
Core Inflation Rate 3.30 percent Sep/21 3.30 7.25 1.40
Core Consumer Prices 127.70 points Sep/21 127.30 127.70 59.24
Producer Prices 90.50 points Aug/21 90.58 131.69 59.10
Food Inflation 6.40 percent Sep/21 6.50 17.30 -0.90
CPI Transportation 121.00 points Sep/21 120.80 121.00 91.90
CPI Housing Utilities 118.40 points Sep/21 118.00 118.40 97.90


Philippines Core Inflation Rate
In Philippines, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.