The Philippines continued to enjoy low inflation in June, with only a slight uptick to 1.4%, signaling continued price stability and sustained consumer confidence.
The Philippine Statistics Authority (PSA) shared the encouraging update on Friday, noting that while the rate inched up from 1.3% in May, it remained well within the Bangko Sentral ng Pilipinas’ forecast range of 1.1% to 1.9% — and far below the government’s inflation ceiling of 2% to 4% for 2025.
At a press briefing in Quezon City, PSA chief Claire Dennis Mapa emphasized that the year-to-date average stands at just 1.8%, a strong indicator that inflation is being effectively managed.
“This slight increase in June was mainly due to higher costs in Housing, Water, Electricity, Gas, and Other Fuels, which rose by 3.2%,” Mapa explained. Despite the rise, he noted that the country remains on track with its inflation goals, reflecting a resilient economy and well-calibrated economic policies.
The modest rise in utility costs suggests stronger demand and increased economic activity — both signs of a recovering and growing economy. Experts say that this controlled level of inflation creates a favorable environment for businesses and consumers alike, with prices remaining stable and predictable.
As the second half of the year unfolds, the government and central bank remain optimistic, continuing to monitor key sectors to ensure inflation stays within a comfortable range.
For now, Filipinos can take confidence in the country’s solid economic footing — with inflation not only manageable but among the lowest in the region, offering more breathing room for families and businesses.