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://gyglfs.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.
- Mandela grandson says he will join Gaza aid boat
- Tokyo protests to Beijing over gas field in East China Sea
- Lacson replaces Marcoleta as Blue Ribbon panel chairman
- Woman accused of murdering her children faces New Zealand trial
- PH economic losses hit 100B from corruption in flood control projects
- Public Works Chief Vince Dizon demands courtesy resignations to 'clean house'
- Surfacing of WPS features ‘likely’ natural occurrence, not due to dumped crushed corals
- ERC amends net-metering rules to expand renewable energy options
- Prompt release of educational aids sought
- Govt monitoring Chinese ‘sleeper agents’ in PH
