MANILA, Philippines — Higher prices of key food items and transport costs pushed inflation up in August, the Philippine Statistics Authority (PSA) reported on Friday., This news data comes from:http://www.ycyzqzxyh.com
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.
“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.
Inflation up 1.5% in August
“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.
- Marcos to youth: Help in nation-building
- ICC clears applications of 15 drug war victims to join proceedings vs Duterte
- Taiwan: China illegally deploying oil rigs in its waters
- Duterte’s defense team outlines ICC strategy
- Surfacing of WPS features ‘likely’ natural occurrence, not due to dumped crushed corals
- Philippines to launch shame campaign vs traffic violators
- ‘40% of Filipinos obese’
- May 12 poll results accurate, credible - OCTA Research
- 2,000 North Korean troops killed in Russia deployment: Seoul spy agency
- Boy killed, mother injured in Pasig fire
