Philippine consumer price inflation picked up in February 2026, with the Consumer Price Index (CPI) rising 2.4% year-over-year, up from 2.0% in January 2026. The latest data, updated on 5 March 2026, show that price pressures are gaining some momentum but remain contained.
Both the current and previous readings are based on year-over-year comparisons, measuring price changes in each month against the same month a year earlier. The February acceleration suggests a mild firming in inflation dynamics after a relatively soft start to the year, and will be closely watched by markets and policymakers tracking the country’s price stability outlook.
