Philippines core inflation rate


Philippines core inflation rate: 3.1 (0%)
Last Update: June 30, 2024

Philippines core inflation rate closed down 3.1 as of June 30, 2024 from 3.1 from the previous month and 7.4 from last year.


Philippines core inflation rate Analytics & Data




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Philippines core inflation rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Philippines core inflation rate

DateValues
2024-06-30 3.1
2024-05-31 3.1
2024-04-30 3.2
2024-03-31 3.4
2024-02-29 3.6
2024-01-31 3.8
2023-12-31 4.4
2023-11-30 4.7
2023-10-31 5.3
2023-09-30 5.9
2023-08-31 6.1
2023-07-31 6.7
2023-06-30 7.4
2023-05-31 7.7
2023-04-30 7.9
2023-03-31 8
2023-02-28 7.8
2023-01-31 7.4
2022-12-31 6.9
2022-11-30 6.5
2022-10-31 5.9
2022-09-30 5
2022-08-31 4.6
2022-07-31 3.9

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Philippines core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation rateph.coreinflationrate3.13.10-58DownDown52024-06-30

Philippines core inflation rate Factors

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Philippines core inflation rate Historical Data

The MacroVar database offers free access to historical data for the Philippines core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines core inflation rate

The Philippines core inflation rate refers to the measure of inflation that excludes certain volatile items such as food and energy prices. This is done in order to get a more accurate reflection of underlying inflation trends in the economy. By focusing on core inflation, policymakers and economists can better understand the long-term inflationary pressures that may be present. This allows for more informed decision-making when it comes to setting monetary policy and addressing economic challenges. In general, a low and stable core inflation rate is seen as a positive sign of economic stability and growth.