Consumer price inflation in the Philippines quickened in September 2026, with the Consumer Price Index (CPI) rising 7.2% year-over-year, up from 6.1% in August 2026.
The latest data, updated on 6 October 2026, show a renewed build-up in price pressures after the previous month’s reading had already indicated elevated inflation. Both the current and previous figures are measured on a year-over-year basis, comparing each month’s CPI to the same month a year earlier.
The acceleration from 6.1% to 7.2% suggests that inflationary forces in the Philippine economy have strengthened rather than eased as the third quarter closed, likely intensifying focus on the outlook for household purchasing power and potential policy responses in the months ahead.