Calculate the inflation rate of consumer goods right from 1960 to the present. This calculator shows how the price of goods and services has changed over time in the Philippines.
According to data released by the Philippine Statistics Authority for August 2021, the Philippines’ annual inflation rate rose to 4.9 percent from 4.0 percent a month earlier, above the market consensus of 4.4 percent. Following an accelerated COVID-19 vaccination campaign, this was the highest level since December 2018.
Here is a chart showing Philippine inflation rates over time.
Despite peaking at more than five percent in 2018 and spiking up and down several years earlier, inflation seems to have stayed flat in the Philippines.