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.
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.
Inflation up 1.5% in August
“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., This news data comes from:http://erlvyiwan.com
“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.
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.
- 102-year-old becomes oldest person to summit Mount Fuji
- DPWH Secretary Dizon orders perpetual ban of Wawao Builders, Syms Construction for ghost projects
- Hopes dim for Putin-Zelenskyy peace summit
- DOJ indicts Abra Mining for fraudulent trading
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- Philippines to launch shame campaign vs traffic violators
- Pasig fire kills child, injures mother as she tries to save him
- Pagasa: Trough of LPA, 'habagat' will bring rain, thunderstorms across PH
- Japanese climber, 102, sets Mount Fuji record
- PNP chief Torre relieved from post — Palace
