Philippine annual inflation rises to 7.8% in October

Edited by Mica Finch · AI newsroom · Times in UTC

Updates appear here as they are verified. Last update Nov 5, 6:17 AM UTC

Transport inflation accelerates while food inflation eases

The Philippines’ annual inflation rate rose to 7.8% in October from 7.2% in September, the Philippine Statistics Authority reported on November 5. Transport inflation accelerated to 20.1% from 14.6%, making it the main driver of the increase. Food inflation eased to 6.4% from 6.8%. Core inflation increased to 5.4% from September’s revised 4.8%. The headline change is an increase of 0.6 percentage points between annual rates; it does not mean prices rose 7.8% during October. Food prices also remained higher than a year earlier despite their slower annual increase. The timestamp records publication of AFP’s report on CNA, rather than the release’s exact time.

CNA / AFP: Soaring petrol prices amid Middle East conflict drive highest Philippine inflation in years · Philippines Inflation Rate Surges to 7.8% · Fuel, transport costs push inflation to 7.8% in October 2026