Philippines Core CPI Change

1995 - 2025 | Monthly | % | CEIC Data

Key information about Philippines Core CPI Change

  • Philippines Core CPI Change was reported at 2.536 % in Oct 2025.
  • This records a decrease from the previous number of 2.621 % for Sep 2025.
  • Philippines Core CPI Change data is updated monthly, averaging 3.537 % from Jan 1995 to Oct 2025, with 370 observations.
  • The data reached an all-time high of 11.401 % in Sep 1998 and a record low of 0.472 % in Sep 2015.
  • Philippines Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. Philippine Statistics Authority provides Core Consumer Price Index with base 2018=100. Core Consumer Price Index excludes rice, corn, meat (fresh, chilled or frozen), fruit (fresh), vegetables (cultivated for their roots and fruits, fresh or dried), natural gas (liquefied or in a gaseous state) and gas oils for motor vehicles. Core Consumer Price Index Growth prior to January 2019 is calculated from Core Consumer Price Index with base 2012=100.

View Philippines's Core CPI Change from Jan 1995 to Oct 2025 in the chart:

Philippines Core CPI Change

What was Philippines's Core CPI Change in Oct 2025?

Philippines Core CPI Change was reported at 2.536 % in Oct 2025. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.536 Oct 2025 2.621 Sep 2025 0.472 Sep 2015 11.401 Sep 1998 % monthly Jan 1995 - Oct 2025

Core CPI Change by Country Comparison

country/region Last Frequency Range
Argentina (%) 33.088 Dec 2025 monthly Dec 2017 - Dec 2025
Armenia (%) 4.231 Dec 2025 monthly Jan 2006 - Dec 2025
Australia (%) 3.769 Dec 2025 quarterly Dec 1987 - Dec 2025
Austria (%) 2.624 Jan 2026 monthly Jan 1997 - Jan 2026
Belarus (%) 6.917 Jan 2026 monthly Dec 2006 - Jan 2026
Belgium (%) 2.670 Jan 2026 monthly Jan 1997 - Jan 2026
Brazil (%) 5.382 Jan 2026 monthly Jun 1995 - Jan 2026
Bulgaria (%) 2.527 Jan 2026 monthly Dec 1997 - Jan 2026
Cambodia (%) 1.079 Jan 2026 monthly Dec 2011 - Jan 2026
Canada (%) 2.806 Dec 2025 monthly Jan 1985 - Dec 2025
Chile (%) 2.715 Jan 2026 monthly Jan 2010 - Jan 2026
China (%) 0.800 Jan 2026 monthly Jan 2006 - Jan 2026
Colombia (%) 5.943 Jan 2026 monthly Jan 2000 - Jan 2026
Croatia (%) 3.523 Nov 2025 monthly Jan 1999 - Nov 2025
Cyprus (%) 1.497 Jan 2026 monthly Jan 1997 - Jan 2026
Czech Republic (%) 2.707 Dec 2025 monthly Jan 1997 - Dec 2025
Denmark (%) 1.922 Jan 2026 monthly Jan 2001 - Jan 2026
Egypt (%) 11.770 Dec 2025 monthly Jan 2005 - Dec 2025
Estonia (%) 5.353 Dec 2025 monthly Jan 1997 - Dec 2025
European Union (%) 2.687 Oct 2025 monthly Jan 1997 - Oct 2025
Finland (%) 1.725 Dec 2025 monthly Jan 1997 - Dec 2025
France (%) 1.189 Jan 2026 monthly Jan 1997 - Jan 2026
Georgia (%) 2.410 Jan 2026 monthly Jan 2010 - Jan 2026
Germany (%) 2.401 Dec 2025 monthly Jan 2006 - Dec 2025
Ghana (%) 6.200 Oct 2025 monthly Jan 2016 - Oct 2025
Greece (%) 1.075 Dec 2025 monthly Jan 1996 - Dec 2025
Hungary (%) 2.668 Jan 2026 monthly Jan 1996 - Jan 2026
Iceland (%) 6.532 Jan 2026 monthly Mar 1998 - Jan 2026
India (%) 4.628 Dec 2025 monthly Jan 2012 - Dec 2025
Indonesia (%) 2.451 Jan 2026 monthly Jan 2009 - Jan 2026
Ireland (%) 2.767 Jan 2026 monthly Jan 1997 - Jan 2026
Israel (%) 2.170 Dec 2025 monthly Jan 1993 - Dec 2025
Italy (%) 1.949 Jan 2026 monthly Jan 1997 - Jan 2026
Japan (%) 2.952 Dec 2025 monthly Jan 2001 - Dec 2025
Kazakhstan (%) 12.500 Jan 2026 monthly Jan 2003 - Jan 2026
South Korea (%) 2.272 Jan 2026 monthly Jan 1976 - Jan 2026
Kuwait (%) 1.603 Nov 2025 monthly May 2017 - Nov 2025
Kyrgyzstan (%) 7.191 Oct 2025 monthly Jan 2010 - Oct 2025
Laos (%) 17.693 Dec 2024 monthly Dec 2011 - Dec 2024
Latvia (%) 3.114 Jan 2026 monthly Jan 1997 - Jan 2026
Lithuania (%) 4.226 Dec 2025 monthly Jan 2001 - Dec 2025
Luxembourg (%) 2.928 Jan 2026 monthly Jan 1997 - Jan 2026
North Macedonia (%) 4.240 Nov 2025 monthly Aug 2014 - Nov 2025
Malaysia (%) 2.278 Dec 2025 monthly Jan 2016 - Dec 2025
Malta (%) 3.623 Jan 2026 monthly Jan 1997 - Jan 2026
Mauritius (%) 5.900 Oct 2025 monthly Jun 2004 - Oct 2025
Mexico (%) 4.519 Jan 2026 monthly Jan 1983 - Jan 2026
Moldova (%) 7.489 Dec 2025 monthly Dec 2010 - Dec 2025
Mongolia (%) 17.102 Jun 2022 monthly Jan 2016 - Jun 2022
Montenegro (%) 10.717 Dec 2022 monthly Jan 2011 - Dec 2022
Morocco (%) 1.115 2018 yearly 2004 - 2018
Netherlands (%) 2.295 Jan 2026 monthly Jan 1997 - Jan 2026
New Zealand (%) 2.893 Sep 2025 quarterly Jun 2000 - Sep 2025
Nigeria (%) 18.628 Dec 2025 monthly Jan 1996 - Dec 2025
Norway (%) 3.575 Jan 2026 monthly Jan 1996 - Jan 2026
Pakistan (%) 7.200 Jan 2026 monthly Sep 2010 - Jan 2026
Paraguay (%) 3.285 Jan 2026 monthly Dec 1993 - Jan 2026
Peru (%) 2.190 Jan 2026 monthly Dec 1991 - Jan 2026
Philippines (%) 2.536 Oct 2025 monthly Jan 1995 - Oct 2025
Poland (%) 2.700 Dec 2025 monthly Jan 1998 - Dec 2025
Portugal (%) 2.053 Dec 2025 monthly Jan 1949 - Dec 2025
Romania (%) 8.348 Dec 2025 monthly Jan 1997 - Dec 2025
Russia (%) 8.150 Dec 2025 monthly Jan 2003 - Dec 2025
Serbia (%) 5.500 Dec 2024 monthly Jan 2007 - Dec 2024
Singapore (%) 1.200 Dec 2025 monthly Jan 1991 - Dec 2025
Slovakia (%) 4.103 Jan 2026 monthly Jan 1997 - Jan 2026
Slovenia (%) 1.700 Nov 2025 monthly Jan 2001 - Nov 2025
South Africa (%) 3.300 Dec 2025 monthly Jan 2009 - Dec 2025
Spain (%) 2.637 Dec 2025 monthly Jan 2003 - Dec 2025
Sri Lanka (%) 2.079 Oct 2025 monthly Jan 2015 - Oct 2025
Sweden (%) 2.155 Dec 2025 monthly Jan 1997 - Dec 2025
Switzerland (%) 0.462 Dec 2025 monthly May 1994 - Dec 2025
Taiwan, China (%) 1.242 Jan 2026 monthly Jan 1982 - Jan 2026
Thailand (%) 0.615 Oct 2025 monthly Dec 1985 - Oct 2025
Turkey (%) 30.109 Jan 2026 monthly Jan 2004 - Jan 2026
Ukraine (%) 8.000 Dec 2025 monthly Dec 2008 - Dec 2025
United Kingdom (%) 3.454 Dec 2025 monthly Jan 1989 - Dec 2025
United States (%) 2.649 Dec 2025 monthly Jan 1958 - Dec 2025
Venezuela (%) 60.337 Dec 2013 monthly Dec 2008 - Dec 2013
Vietnam (%) 3.194 Jan 2026 monthly Jan 2015 - Jan 2026

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Consolidated Fiscal Balance (USD mn) -2,674.510 Nov 2025 monthly Jan 1985 - Nov 2025
Tax Revenue (USD mn) 5,625.748 Nov 2025 monthly Jan 1985 - Nov 2025
Tax Revenue: % of GDP (%) 15.6 Sep 2025 quarterly Mar 1985 - Sep 2025
National Government Debt (USD mn) 301,127.7 Dec 2025 monthly Jan 1993 - Dec 2025
Government Debt: % of GDP (%) 63.2 Dec 2025 quarterly Mar 1993 - Dec 2025
Forecast: Government Expenditure (PHP bn) 9,538.160 2030 yearly 1989 - 2030
Forecast: Government Net Debt (PHP bn) 23,834.650 2030 yearly 1993 - 2030
Forecast: Government Revenue (PHP bn) 8,774.629 2030 yearly 1989 - 2030
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 14,610,969.000 Dec 2025 monthly Jan 2006 - Dec 2025
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 910,468.000 Dec 2025 monthly Jan 2006 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,524.9 Dec 2025 monthly Jan 1957 - Dec 2025
Total Exports (USD mn) 6,992.8 Dec 2025 monthly Jan 1979 - Dec 2025
Total Exports Growth (%) 23.3 Dec 2025 monthly Jan 1980 - Dec 2025
Aluminum: Exports (USD th) 195,030.466 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 24,205.344 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 12,686.801 2024 yearly 1995 - 2024
Total Imports (USD mn) 11,219.7 Oct 2025 monthly Jan 1979 - Oct 2025
Total Imports Growth (%) 7.1 Dec 2025 monthly Jan 1980 - Dec 2025
Imports: Medicament (USD th) 1,838,565.771 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 626,781.378 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,098.070 Dec 2025 monthly Jan 1978 - Dec 2025
Total Imports from USA (USD mn) 662.105 Dec 2025 monthly Jan 1986 - Dec 2025
Total Exports to China (USD mn) 790.152 Dec 2025 monthly Jan 1984 - Dec 2025
Total Imports from China (USD mn) 2,982.906 Dec 2025 monthly Jan 1986 - Dec 2025
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 154.2 Sep 2025 monthly Jan 2005 - Sep 2025
Current Account Balance (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 897.3 Nov 2025 monthly Jan 2005 - Nov 2025
Foreign Direct Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment (USD mn) 942.773 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -17.9 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,769.125 Sep 2025 quarterly Mar 1977 - Sep 2025
External Debt (USD mn) 149,093.4 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: % of GDP (%) 29.8 2024 yearly 1990 - 2024
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.5 2024 yearly 2005 - 2024
Forecast: Current Account Balance (USD bn) -20.853 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -58,220.724 Sep 2025 quarterly Dec 2012 - Sep 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -360.950 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 154.217 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Change in Reserve Assets: Debit (USD mn) 94.282 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 4,968.045 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income: Debit: Payments (USD mn) 128.654 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services: Credit: Export (USD mn) 4,807.548 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods (USD mn) -5,934.380 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Financial Derivatives (FD) (USD mn) -29.120 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Primary Income (USD mn) 421.148 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Financial Account (FA) (USD mn) -1,472.803 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Credit: Receipts (USD mn) 10.537 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Net Acquisition of Financial Assets (USD mn) 4,670.531 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Debit: Payments (USD mn) 0.283 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 897.332 Nov 2025 monthly Jan 2005 - Nov 2025
BoP: Capital Account (CA) (USD mn) 10.254 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services: Debit: Import (USD mn) 3,034.172 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods: Debit: Import (USD mn) 11,231.099 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Goods: Credit: Export (USD mn) 5,296.719 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Import (USD mn) 15,486.752 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,941.969 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 185.068 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Secondary Income (USD mn) 2,813.316 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 4,782.977 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -90.781 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Services (USD mn) 1,773.376 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Direct Investment (DI) (USD mn) -166.182 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -61.661 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Other Investments (OI) (USD mn) -6,060.478 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,092.827 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,513.975 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: Current Account (CA) (USD mn) -926.540 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: CA: Export (USD mn) 14,560.212 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,699.529 Sep 2025 monthly Jan 2005 - Sep 2025
BoP: FA: Net Incurrence of Liabilities (USD mn) 6,143.334 Sep 2025 monthly Jan 2005 - Sep 2025
External Debt: Medium and Long Term (USD mn) 128,181.445 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: USA (USD mn) 3,360.037 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: Germany (USD mn) 2,159.034 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: France (USD mn) 2,632.733 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: UK (USD mn) 2,597.218 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: By Country Profile: Country: Japan (USD mn) 16,059.355 Sep 2025 quarterly Mar 2005 - Sep 2025
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Manufacturing (PHP mn) 34,676.438 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Transportation & Storage (PHP mn) 4,300.624 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Information & Communication (PHP mn) 4,764.399 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Administrative & Support Services (PHP mn) 4,154.339 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Real Estate Activities (PHP mn) 2,974.368 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Nov 2025 monthly Mar 2008 - Nov 2025
Household Debt: % of GDP (%) 12.8 Sep 2025 quarterly Mar 2009 - Sep 2025
Non-Performing Loans (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 134,646.272 Dec 2025 monthly Dec 1988 - Dec 2025
Money Supply M2 (USD mn) 335,283.934 Dec 2025 monthly Dec 1988 - Dec 2025
M2 Growth (%) 7.5 Dec 2025 monthly Dec 1989 - Dec 2025
Reserve Requirement Ratio (%) 5.0 Jan 2026 monthly May 1986 - Jan 2026
Foreign Exchange Reserves (USD mn) 87,173.8 Jan 2026 monthly Jan 1960 - Jan 2026
Foreign Exchange Reserves: Months of Import (NA) 8.3 Dec 2025 monthly Jan 1979 - Dec 2025
Gold Reserves (USD mn) 20,667.357 Jan 2026 monthly Dec 1956 - Jan 2026
Total Deposits (USD mn) 371,766.903 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Deposits Growth (%) 7.6 Sep 2025 quarterly Mar 2009 - Sep 2025
Domestic Credit (USD mn) 384,112.6 Dec 2025 monthly Dec 2001 - Dec 2025
Domestic Credit Growth (%) 10.1 Dec 2025 monthly Dec 2002 - Dec 2025
Household Debt (USD mn) 60,938.4 Sep 2025 quarterly Mar 2009 - Sep 2025
Total Loans (USD mn) 260,649.440 Nov 2025 monthly Mar 2008 - Nov 2025
Total Loans Growth (%) 10.61 Nov 2025 monthly Mar 2009 - Nov 2025
Private Debt: % of Nominal GDP (%) 51.80 Dec 2025 quarterly Dec 2001 - Dec 2025
DCS: Domestic Claims (DC) (PHP mn) 22,587,739.884 Dec 2025 monthly Dec 2001 - Dec 2025
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 7.014 Dec 2025 monthly Dec 2002 - Dec 2025
YoY: DCS: LA: M4: M3 (%) 7.539 Dec 2025 monthly Dec 2002 - Dec 2025
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 7.084 Dec 2025 monthly Dec 2002 - Dec 2025
YoY: DCS: LA: M4: M3: M2 (%) 6.578 Dec 2025 monthly Dec 2002 - Dec 2025
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Jan 2026 monthly May 1986 - Jan 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,536.987 Sep 2025 quarterly Mar 2009 - Sep 2025
CL: PBS: Real Estate: Residential (PHP bn) 1,177.772 Sep 2025 quarterly Mar 2009 - Sep 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
Business Outlook: Index: Services: Current Quarter (Point) 39.087 Dec 2025 quarterly Jun 2001 - Dec 2025
Business Outlook: Index: Industry: Current Quarter (Point) 13.590 Dec 2025 quarterly Jun 2001 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data