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.
“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., This news data comes from:http://oas-xbvc-hyr-opa.jyxingfa.com
“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.
- Gasoline, diesel prices to increase by P1 next week
- Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam
- PH, Japan conduct search and rescue exercises
- Marcos names acting Ombudsman
- Iran says open to US nuclear talks, rejects missile curbs
- Former president Duterte's health stable despite high blood sugar, says VP Sara
- 'Strangest' dinosaur covered in spiked armory — Scientists
- Palace suspends govt work, classes in several areas due to bad weather
- Go seeks more support for Filipino athletes
- No winner in Grand, Megalotto draws for Aug 27
