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MANILA, Philippines — Inflation accelerated to 1.4 percent in June 2025 due to higher prices of housing, water, electricity, gas, and other fuels, and a slower decrease in the transport index, the Philippine Statistics Authority (PSA) said on Friday.
It is higher than the 1.3 percent in May and lower than the 3.7 percent inflation in June 2024.
It is lower than the 1.5 percent median forecast of The Manila Times' poll of economists and within the Bangko Sentral ng Pilipinas' estimate of 1.1 percent to 1.9 percent.
Core inflation, which excludes select food and energy items, remained at 2.2 percent in June 2025, unchanged from the previous month. However, it was lower than the 3.1 percent in June 2024.
To date, headline inflation is at 1.8 percent, lower than the central bank's 2.0 to 4.0 percent target. Core inflation to date is at 2.3 percent, within the central bank's target.
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