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://ttbty.ycyzqzxyh.com
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.
Inflation up 1.5% in August
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.
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.
- Thailand acting PM moves to dissolve parliament — party
- 'Strangest' dinosaur covered in spiked armory — Scientists
- Hawaii's Kilauea volcano erupts with lava pouring out from multiple vents
- Discaya names lawmakers in ‘extortion’
- LPA over West PH Sea develops into tropical depression, now called ‘Jacinto’ -- Pagasa
- Customs finds only 2 luxury cars at contractor's compound in Pasig
- Putin vows not to back down in Ukraine
- Marcos signs mining tax regime law
- Xi and Putin's hot mic moment: How long will science extend the human life span?
- Australia expels Iran ambassador over antisemitic attacks
