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.
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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.
(Source: statista.com)
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.