MANILA, Philippines — Higher prices of key food items and transport costs pushed inflation up in August, the Philippine Statistics Authority (PSA) reported on Friday.
Inflation up 1.5% in August
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.
“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., This news data comes from:http://uca.jyxingfa.com
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.
- ChatGPT to get parental controls after teen's death
- AFP: It would take more than a tugboat to tow BRP Sierra Madre from Ayungin Shoal
- Sen. Hontiveros pushes for Philippine Geriatric Center to aid seniors
- Marcos signs mining tax regime law
- President asks governor to expose irregularities in govt projects
- Thai opposition holds kingmaking summit deciding new PM
- BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
- Chinese sleeper agents' and PLA operatives a threat, Lacson warns
- House bill seeks to regulate AI use
- Two dead as strong earthquake jolts Afghanistan
