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., This news data comes from:http://www.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.
Inflation up 1.5% in August
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.
- Pagasa: Trough of LPA, 'habagat' will bring rain, thunderstorms across PH
- Marcos orders 'sweeping review' of DPWH budget under 2026 NEP
- Supreme Court: It’s work as usual in judiciary
- DILG suspends classes, gov’t work in 17 areas
- ERC amends net-metering rules to expand renewable energy options
- Task force cites new threats to media workers
- Customs recovers 10 more Discaya luxury cars
- Students, faculty file complaint against Universidad de Manila president
- ‘Gomez ignorant of how media works’
- Israeli strikes in Yemen's capital kill six, Houthis say
