Inflation in the Philippines slowed to 2.1% in February as vegetable and rice prices fell, the Philippine Statistics Authority (PSA) said on Wednesday, March 5.
This brings the country’s average inflation rate in 2025 so far to 2.5%, within the government’s target range of 2% to 4%.
The PSA pointed to easing inflation for food and non-alcoholic beverages, at 2.6% in February from 3.8% in January, as the primary reason for the drop.
