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., This news data comes from:http://www.705-888.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.
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.
- MMDA unveils plan to build rainwater impounding facilities in Camp Aguinaldo
- Thai woman jailed for 43 years for lese majeste freed
- Marcos declares holidays for 2026
- Islamic State claims deadly attack on Pakistan rally
- Pagasa sees two to four tropical cyclones hitting Philippines in September
- Canada removing tariffs on US goods compliant with free trade deal
- Afghanistan earthquake kills more than 800
- PNP chief Torre relieved, Nartatez to take over
- HFMD cases on the rise
- DSWD program reduced hunger
