Full-Year 2025 Inflation Rate at 1.7 Percent
January 15, 2026
The Philippines’ full-year inflation rate for 2025 settled at 1.7 percent, well below the government target range of 2 to 4 percent and slower than the 3.2 percent recorded in 2024. The current rate for the previous year is reportedly the slowest pace of inflation in 9 years, primarily ushered by coordinated government and monetary policy actions amid slowing economic growth.
Meanwhile, the last month of 2025 saw a slight month-on-month uptick to 1.8 percent from 1.5 percent in November 2025. The rise was partly influenced by faster increases in the price of food and non-alcoholic beverages caused by seasonal holiday demand and agricultural damage from recent tropical cyclones, according to data from the Philippine Statistics Authority.
Read the full assessment here.
