Inflation Cools Further in July to 0.9% - BusinessWorld Online

Inflation cools further in July to 0.9% - BusinessWorld Online

By Luisa Maria Jacinta C. Jocson, Senior Reporter HEADLINE INFLATION sharply slowed to a near six-year low in July as utilities and food costs continued to ease, data from the Philippine Statistics Authority (PSA) showed. The PSA on Tuesday reported that the consumer price index rose 0.9% year on year in July, slower than the 1.4% in June and 4.4% clip a year ago. This was the lowest inflation in nearly six years or since the 0.6% print posted i…

Romualdez hails Marcos admin as July inflation drops to 6‑year low

MANILA, Philippines — The almost six-year low inflation figure registered in July 2025 shows that President Ferdinand Marcos Jr.’s administration has been successful in addressing the rising price of goods, House of Representatives Speaker Ferdinand Martin Romualdez said on Tuesday. Romualdez, in a statement, said that the 0.9 percent headline inflation rate recorded in July signals that more Filipino families will be able to afford to put food …

Philippines to Keep Easier Policy With Inflation at Six-Year Low

(Bloomberg) — The Philippine central bank is sticking with its more accommodative monetary policy stance after inflation rate in July slipped to the lowest in nearly six years as rice prices fell by a record.

Inflation down 0.9% in July

MANILA, Philippines — Lower prices of utility and energy costs pulled inflation down in July, the Philippine Statistics Authority (PSA) reported on Tuesday.Consumer price growth markedly slowed to 0.9 percent last month, lower than the 1.4 percent recorded in the previous month and 4.4 percent in the same month last year.This is the lowest inflation rate since October 2019 at 0.8 percent.It is lower than the 1.1 percent median forecast of The Ma…

Philippine annual inflation at 0.9% in July

MANILA — Philippine annual inflation moderated to 0.9% in July from the previous month’s 1.4% rate, helped by a slower rise in utility costs, the statistics agency said on Tuesday. The headline rate was the lowest reading since October 2019. Economists in a Reuters poll had expected an annual inflation rate of 1.1%, within the central bank’s forecast range of 0.5% to 1.3% […] The post Philippine annual inflation at 0.9% in July appeared first on…

Philippine Inflation Slows to 0.9% in July, Nearly Six-Year Low

Philippine inflation decelerated to the lowest in nearly six years in July and stayed below the central bank’s target, giving monetary authorities room to cut interest rates further this year.