Inflation rate in the Philippines fell to 1.4 percent in April 2025 from 1.8 percent in March, the Philippine Statistics Authority (PSA) said Tuesday.
“This is the lowest inflation rate since November 2019, which recorded a 1.2 percent inflation rate. This brings the national average inflation rate from January to April 2025 to 2.0 percent. In April 2024, the inflation rate was higher at 3.8 percent,” the PSA said.
It said the downtrend was brought about by the slower annual increment in the index of food and non-alcoholic beverages at 0.9 percent in April 2025 from 2.2 percent in the previous month. Also contributing to the downtrend was the faster year-on-year decrease in the transport index at 2.1 percent during the month from a 1.1 percent annual drop in March 2025.
Food inflation eased to 0.7 percent in April 2025 from 2.3 percent in the previous month. In April 2024, food inflation was higher at 6.3 percent.
“The deceleration of food inflation in April 2025 was primarily brought about by the faster year-on-year decline of rice index at 10.9 percent during the month from a 7.7 percent annual decrease in March 2025,” the PSA said.
This was followed by the slower inflation rates of vegetables, tubers, plantains, cooking bananas and pulses at 2.3 percent during the month from 6.9 percent in March 2025, and fish and other seafood at 4.3 percent in April 2025 from 5.5 percent in the previous month. Core inflation, which excludes selected food and energy items, remained at 2.2 percent in April 2025. In April 2024, core inflation rate was faster at 3.2 percent.
