Philippine consumer price inflation edged down in August 2026, with the Consumer Price Index (CPI) rising 6.1% year-on-year, compared with 6.2% in July 2026. The latest data, updated on 4 September 2026, indicate a marginal easing in price pressures but keep inflation at an elevated level on an annual basis.
Both the July and August readings reflect year-on-year changes versus the same months a year earlier. The “previous” figure of 6.2% represents the annual inflation rate recorded in July 2026 compared with July of the prior year, while the “actual” 6.1% shows the change in August 2026 relative to August a year earlier. The slight deceleration suggests inflationary pressures may be stabilizing, though they remain a key consideration for policymakers and financial markets.
