Philippines Core CPI Change

1995 - 2025 | Monthly | % | CEIC Data

Key information about Philippines Core CPI Change

  • Philippines Core CPI Change was reported at 2.536 % in Oct 2025.
  • This records a decrease from the previous number of 2.621 % for Sep 2025.
  • Philippines Core CPI Change data is updated monthly, averaging 3.537 % from Jan 1995 to Oct 2025, with 370 observations.
  • The data reached an all-time high of 11.401 % in Sep 1998 and a record low of 0.472 % in Sep 2015.
  • Philippines Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. Philippine Statistics Authority provides Core Consumer Price Index with base 2018=100. Core Consumer Price Index excludes rice, corn, meat (fresh, chilled or frozen), fruit (fresh), vegetables (cultivated for their roots and fruits, fresh or dried), natural gas (liquefied or in a gaseous state) and gas oils for motor vehicles. Core Consumer Price Index Growth prior to January 2019 is calculated from Core Consumer Price Index with base 2012=100.

View Philippines's Core CPI Change from Jan 1995 to Oct 2025 in the chart:

Philippines Core CPI Change

What was Philippines's Core CPI Change in Oct 2025?

Philippines Core CPI Change was reported at 2.536 % in Oct 2025. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.536 Oct 2025 2.621 Sep 2025 0.472 Sep 2015 11.401 Sep 1998 % monthly Jan 1995 - Oct 2025

Core CPI Change by Country Comparison

country/region Last Frequency Range
Argentina (%) 33.088 Dec 2025 monthly Dec 2017 - Dec 2025
Armenia (%) 4.372 Jan 2026 monthly Jan 2006 - Jan 2026
Australia (%) 3.769 Dec 2025 quarterly Dec 1987 - Dec 2025
Austria (%) 2.842 Feb 2026 monthly Jan 1997 - Feb 2026
Belarus (%) 6.917 Jan 2026 monthly Dec 2006 - Jan 2026
Belgium (%) 2.290 Feb 2026 monthly Jan 1997 - Feb 2026
Brazil (%) 5.382 Jan 2026 monthly Jun 1995 - Jan 2026
Bulgaria (%) 2.335 Feb 2026 monthly Dec 1997 - Feb 2026
Cambodia (%) 1.079 Jan 2026 monthly Dec 2011 - Jan 2026
Canada (%) 2.806 Dec 2025 monthly Jan 1985 - Dec 2025
Chile (%) 2.469 Feb 2026 monthly Jan 2010 - Feb 2026
China (%) 1.800 Feb 2026 monthly Jan 2006 - Feb 2026
Colombia (%) 6.076 Feb 2026 monthly Jan 2000 - Feb 2026
Croatia (%) 3.523 Nov 2025 monthly Jan 1999 - Nov 2025
Cyprus (%) 1.805 Feb 2026 monthly Jan 1997 - Feb 2026
Czech Republic (%) 2.813 Jan 2026 monthly Jan 1997 - Jan 2026
Denmark (%) 1.922 Jan 2026 monthly Jan 2001 - Jan 2026
Egypt (%) 11.770 Dec 2025 monthly Jan 2005 - Dec 2025
Estonia (%) 3.828 Feb 2026 monthly Jan 1997 - Feb 2026
European Union (%) 2.687 Oct 2025 monthly Jan 1997 - Oct 2025
Finland (%) 1.390 Feb 2026 monthly Jan 1997 - Feb 2026
France (%) 1.405 Feb 2026 monthly Jan 1997 - Feb 2026
Georgia (%) 2.695 Feb 2026 monthly Jan 2010 - Feb 2026
Germany (%) 2.496 Jan 2026 monthly Jan 2006 - Jan 2026
Ghana (%) 6.200 Oct 2025 monthly Jan 2016 - Oct 2025
Greece (%) 3.305 Jan 2026 monthly Jan 1996 - Jan 2026
Hungary (%) 2.668 Jan 2026 monthly Jan 1996 - Jan 2026
Iceland (%) 6.771 Feb 2026 monthly Mar 1998 - Feb 2026
India (%) 3.375 Jan 2026 monthly Jan 2012 - Jan 2026
Indonesia (%) 2.634 Feb 2026 monthly Jan 2009 - Feb 2026
Ireland (%) 2.519 Feb 2026 monthly Jan 1997 - Feb 2026
Israel (%) 0.979 Jan 2026 monthly Jan 1993 - Jan 2026
Italy (%) 2.669 Feb 2026 monthly Jan 1997 - Feb 2026
Japan (%) 2.574 Jan 2026 monthly Jan 2001 - Jan 2026
Kazakhstan (%) 12.500 Jan 2026 monthly Jan 2003 - Jan 2026
South Korea (%) 2.462 Feb 2026 monthly Jan 1976 - Feb 2026
Kuwait (%) 1.216 Dec 2025 monthly May 2017 - Dec 2025
Kyrgyzstan (%) 7.191 Oct 2025 monthly Jan 2010 - Oct 2025
Laos (%) 17.693 Dec 2024 monthly Dec 2011 - Dec 2024
Latvia (%) 2.637 Feb 2026 monthly Jan 1997 - Feb 2026
Lithuania (%) 4.226 Dec 2025 monthly Jan 2001 - Dec 2025
Luxembourg (%) 2.930 Feb 2026 monthly Jan 1997 - Feb 2026
North Macedonia (%) 4.240 Nov 2025 monthly Aug 2014 - Nov 2025
Malaysia (%) 2.268 Jan 2026 monthly Jan 2016 - Jan 2026
Malta (%) 2.046 Feb 2026 monthly Jan 1997 - Feb 2026
Mauritius (%) 5.900 Oct 2025 monthly Jun 2004 - Oct 2025
Mexico (%) 4.497 Feb 2026 monthly Jan 1983 - Feb 2026
Moldova (%) 7.489 Dec 2025 monthly Dec 2010 - Dec 2025
Mongolia (%) 17.102 Jun 2022 monthly Jan 2016 - Jun 2022
Montenegro (%) 3.523 Jan 2026 monthly Jan 2011 - Jan 2026
Morocco (%) 1.115 2018 yearly 2004 - 2018
Netherlands (%) 2.434 Feb 2026 monthly Jan 1997 - Feb 2026
New Zealand (%) 2.893 Sep 2025 quarterly Jun 2000 - Sep 2025
Nigeria (%) 17.719 Jan 2026 monthly Jan 1996 - Jan 2026
Norway (%) 3.575 Jan 2026 monthly Jan 1996 - Jan 2026
Pakistan (%) 7.100 Feb 2026 monthly Sep 2010 - Feb 2026
Paraguay (%) 2.980 Feb 2026 monthly Dec 1993 - Feb 2026
Peru (%) 2.130 Feb 2026 monthly Dec 1991 - Feb 2026
Philippines (%) 2.536 Oct 2025 monthly Jan 1995 - Oct 2025
Poland (%) 2.700 Dec 2025 monthly Jan 1998 - Dec 2025
Portugal (%) 1.800 Jan 2026 monthly Jan 1949 - Jan 2026
Romania (%) 8.314 Jan 2026 monthly Jan 1997 - Jan 2026
Russia (%) 5.430 Jan 2026 monthly Jan 2003 - Jan 2026
Serbia (%) 4.100 Jan 2026 monthly Jan 2007 - Jan 2026
Singapore (%) 1.000 Jan 2026 monthly Jan 1991 - Jan 2026
Slovakia (%) 3.820 Feb 2026 monthly Jan 1997 - Feb 2026
Slovenia (%) 2.200 Feb 2026 monthly Jan 2001 - Feb 2026
South Africa (%) 3.393 Jan 2026 monthly Jan 2009 - Jan 2026
Spain (%) 2.579 Jan 2026 monthly Jan 2003 - Jan 2026
Sri Lanka (%) 2.079 Oct 2025 monthly Jan 2015 - Oct 2025
Sweden (%) 1.479 Jan 2026 monthly Jan 1997 - Jan 2026
Switzerland (%) 0.379 Feb 2026 monthly May 1994 - Feb 2026
Taiwan, China (%) 2.597 Feb 2026 monthly Jan 1982 - Feb 2026
Thailand (%) 0.615 Oct 2025 monthly Dec 1985 - Oct 2025
Turkey (%) 29.914 Feb 2026 monthly Jan 2004 - Feb 2026
Ukraine (%) 8.000 Dec 2025 monthly Dec 2008 - Dec 2025
United Kingdom (%) 3.190 Jan 2026 monthly Jan 1989 - Jan 2026
United States (%) 2.649 Dec 2025 monthly Jan 1958 - Dec 2025
Venezuela (%) 60.337 Dec 2013 monthly Dec 2008 - Dec 2013
Vietnam (%) 3.738 Feb 2026 monthly Jan 2015 - Feb 2026

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.6 Dec 2025 quarterly Dec 1985 - Dec 2025
Consolidated Fiscal Balance (USD mn) -5,321.655 Dec 2025 monthly Jan 1985 - Dec 2025
Tax Revenue (USD mn) 4,733.860 Dec 2025 monthly Jan 1985 - Dec 2025
Tax Revenue: % of GDP (%) 12.9 Dec 2025 quarterly Mar 1985 - Dec 2025
National Government Debt (USD mn) 307,939.9 Jan 2026 monthly Jan 1993 - Jan 2026
Government Debt: % of GDP (%) 63.2 Dec 2025 quarterly Mar 1993 - Dec 2025
Forecast: Government Expenditure (PHP bn) 9,538.160 2030 yearly 1989 - 2030
Forecast: Government Net Debt (PHP bn) 23,834.650 2030 yearly 1993 - 2030
Forecast: Government Revenue (PHP bn) 8,774.629 2030 yearly 1989 - 2030
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 14,996,913.920 Jan 2026 monthly Jan 2006 - Jan 2026
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 949,968.000 Jan 2026 monthly Jan 2006 - Jan 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,048.1 Jan 2026 monthly Jan 1957 - Jan 2026
Total Exports (USD mn) 7,093.7 Jan 2026 monthly Jan 1979 - Jan 2026
Total Exports Growth (%) 7.9 Jan 2026 monthly Jan 1980 - Jan 2026
Aluminum: Exports (USD th) 195,030.466 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 24,205.344 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 12,686.801 2024 yearly 1995 - 2024
Total Imports (USD mn) 11,219.7 Oct 2025 monthly Jan 1979 - Oct 2025
Total Imports Growth (%) -3.1 Jan 2026 monthly Jan 1980 - Jan 2026
Imports: Medicament (USD th) 1,838,565.771 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 626,781.378 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,163.265 Jan 2026 monthly Jan 1978 - Jan 2026
Total Imports from USA (USD mn) 653.254 Jan 2026 monthly Jan 1986 - Jan 2026
Total Exports to China (USD mn) 691.798 Jan 2026 monthly Jan 1984 - Jan 2026
Total Imports from China (USD mn) 3,258.442 Jan 2026 monthly Jan 1986 - Jan 2026
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 154.2 Sep 2025 monthly Jan 2005 - Sep 2025
Current Account Balance (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 897.3 Nov 2025 monthly Jan 2005 - Nov 2025
Foreign Direct Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment (USD mn) 942.773 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -17.9 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,769.125 Sep 2025 quarterly Mar 1977 - Sep 2025
External Debt (USD mn) 149,093.4 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: % of GDP (%) 29.8 2024 yearly 1990 - 2024
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.5 2024 yearly 2005 - 2024
Forecast: Current Account Balance (USD bn) -20.853 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -58,220.724 Sep 2025 quarterly Dec 2012 - Sep 2025
BoP: Change in Reserve Assets: Debit (USD mn) 94.282 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services: Credit: Export (USD mn) 4,807.548 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Financial Derivatives (FD) (USD mn) -29.120 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Net Incurrence of Liabilities (USD mn) 6,143.334 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 897.332 Nov 2025 monthly Jan 2005 - Nov 2025
BoP: CA: Primary Income (USD mn) 421.148 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -360.950 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 4,968.045 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Financial Account (FA) (USD mn) -1,472.803 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income (USD mn) 2,813.316 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -90.781 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 154.217 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods (USD mn) -5,934.380 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Capital Account (CA) (USD mn) 10.254 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Debit: Payments (USD mn) 0.283 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -61.661 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,699.529 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods: Credit: Export (USD mn) 5,296.719 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services: Debit: Import (USD mn) 3,034.172 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Net Acquisition of Financial Assets (USD mn) 4,670.531 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income: Debit: Payments (USD mn) 128.654 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Export (USD mn) 14,560.212 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,941.969 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Import (USD mn) 15,486.752 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Other Investments (OI) (USD mn) -6,060.478 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Direct Investment (DI) (USD mn) -166.182 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,513.975 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,092.827 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 4,782.977 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Current Account (CA) (USD mn) -926.540 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Credit: Receipts (USD mn) 10.537 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods: Debit: Import (USD mn) 11,231.099 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services (USD mn) 1,773.376 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 185.068 Sep 2025 monthly Jan 2005 - Sep 2025
External Debt: By Country Profile: Country: USA (USD mn) 3,360.037 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: Japan (USD mn) 16,059.355 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: Medium and Long Term (USD mn) 128,181.445 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: France (USD mn) 2,632.733 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: Germany (USD mn) 2,159.034 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: UK (USD mn) 2,597.218 Sep 2025 quarterly Mar 2005 - Sep 2025
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Transportation & Storage (PHP mn) 4,300.624 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Real Estate Activities (PHP mn) 2,974.368 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Administrative & Support Services (PHP mn) 4,154.339 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Manufacturing (PHP mn) 34,676.438 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Information & Communication (PHP mn) 4,764.399 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.1 Dec 2025 monthly Mar 2008 - Dec 2025
Household Debt: % of GDP (%) 13.1 Dec 2025 quarterly Mar 2009 - Dec 2025
Non-Performing Loans (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 128,711.040 Jan 2026 monthly Dec 1988 - Jan 2026
Money Supply M2 (USD mn) 327,357.063 Jan 2026 monthly Dec 1988 - Jan 2026
M2 Growth (%) 8.8 Jan 2026 monthly Dec 1989 - Jan 2026
Reserve Requirement Ratio (%) 5.0 Feb 2026 monthly May 1986 - Feb 2026
Foreign Exchange Reserves (USD mn) 84,957.0 Feb 2026 monthly Jan 1960 - Feb 2026
Foreign Exchange Reserves: Months of Import (NA) 7.8 Jan 2026 monthly Jan 1979 - Jan 2026
Gold Reserves (USD mn) 23,057.201 Feb 2026 monthly Dec 1956 - Feb 2026
Total Deposits (USD mn) 372,106.521 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Deposits Growth (%) 7.4 Dec 2025 quarterly Mar 2009 - Dec 2025
Domestic Credit (USD mn) 378,640.7 Jan 2026 monthly Dec 2001 - Jan 2026
Domestic Credit Growth (%) 10.0 Jan 2026 monthly Dec 2002 - Jan 2026
Household Debt (USD mn) 62,484.4 Dec 2025 quarterly Mar 2009 - Dec 2025
Total Loans (USD mn) 268,326.901 Dec 2025 monthly Mar 2008 - Dec 2025
Total Loans Growth (%) 10.02 Dec 2025 monthly Mar 2009 - Dec 2025
Private Debt: % of Nominal GDP (%) 52.10 Dec 2025 quarterly Dec 2001 - Dec 2025
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 8.609 Jan 2026 monthly Dec 2002 - Jan 2026
YoY: DCS: LA: M4: M3 (%) 8.819 Jan 2026 monthly Dec 2002 - Jan 2026
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 5.951 Jan 2026 monthly Dec 2002 - Jan 2026
DCS: Domestic Claims (DC) (PHP mn) 22,297,395.699 Jan 2026 monthly Dec 2001 - Jan 2026
YoY: DCS: LA: M4: M3: M2 (%) 6.765 Jan 2026 monthly Dec 2002 - Jan 2026
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Feb 2026 monthly May 1986 - Feb 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,674.393 Dec 2025 quarterly Mar 2009 - Dec 2025
CL: PBS: Real Estate: Residential (PHP bn) 1,193.681 Dec 2025 quarterly Mar 2009 - Dec 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
Business Outlook: Index: Services: Current Quarter (Point) 39.087 Dec 2025 quarterly Jun 2001 - Dec 2025
Business Outlook: Index: Industry: Current Quarter (Point) 13.590 Dec 2025 quarterly Jun 2001 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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