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11/05/2025

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11/05/2025
LAWIN.news

October sees steady inflation rate at 1.7%

by LAWIN.news November 5, 2025
written by LAWIN.news November 5, 2025
photo credit: ABS-CBN
8

MANILA, Philippines– The Philippine Statistics Authority (PSA) reported that the country’s inflation rate remained unchanged at 1.7% in October 2025, the same level recorded in September.

According to the PSA, food and non-alcoholic beverages were the main contributors to inflation, with slight price increases observed in rice, corn, and other cereals.

The report also noted a decline in transportation and housing costs, which helped offset price hikes in other commodities.

Officials attributed the steady inflation rate to balanced economic factors and the government’s continuing efforts to maintain price stability.

Authorities emphasized that monitoring inflation remains a priority, as it directly affects consumer purchasing power and overall economic performance.

The government continues to implement measures aimed at stabilizing prices and improving supply chain efficiency.

 

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