The Philippines' headline inflation rate climbed to 7.8% in October 2026, up from 7.2% in September, based on reports published on November 5, 2026. This is reportedly the fastest pace since February 2023, and it came in slightly above the 7.6% that analysts expected. Core inflation, which strips out volatile food and energy prices, also rose to 5.4% from 4.8%.
Key details from the reports:
1. Transport was the biggest driver, with inflation at 20.1% year-on-year, up from 14.6% in September.
2. Housing, water, electricity, gas and other fuels rose to 9.3% from 8.4%. Reports link this to the prolonged Middle East conflict and the country's reliance on regional energy supplies.
3. Rice inflation was reported at 20.7%, and corn at 19.3%.
4. Restaurants and accommodation rose to 7.7% from 7.0%.
5. Prices rose 0.7% month-on-month, after a 1% increase in September.
6. The BSP recently raised its overnight rate by 50 basis points to 5.5%, and the October figure landed near the upper end of its forecast range of 7.1% to 8.1%.
Ang importante lang dito, hindi lang gasolina yung tumataas. Yung core inflation na umakyat din ay sign na nararamdaman na rin sa ibang bilihin at serbisyo, kaya mas ramdam sa araw-araw na gastos. Medyo mahirap talaga mag-budget kapag pamasahe, kuryente, at bigas ay sabay-sabay na mahal.
Kayo ba, ano yung pinaka-ramdam niyong pagtaas ngayon, pamasahe, kuryente, o groceries? Share niyo kung paano kayo nag-a-adjust sa monthly budget.
Sources: Trading Economics (November 5, 2026) You do not have permission to view the full content of this post. Log in or register now. and Context.ph You do not have permission to view the full content of this post. Log in or register now.
Key details from the reports:
1. Transport was the biggest driver, with inflation at 20.1% year-on-year, up from 14.6% in September.
2. Housing, water, electricity, gas and other fuels rose to 9.3% from 8.4%. Reports link this to the prolonged Middle East conflict and the country's reliance on regional energy supplies.
3. Rice inflation was reported at 20.7%, and corn at 19.3%.
4. Restaurants and accommodation rose to 7.7% from 7.0%.
5. Prices rose 0.7% month-on-month, after a 1% increase in September.
6. The BSP recently raised its overnight rate by 50 basis points to 5.5%, and the October figure landed near the upper end of its forecast range of 7.1% to 8.1%.
Ang importante lang dito, hindi lang gasolina yung tumataas. Yung core inflation na umakyat din ay sign na nararamdaman na rin sa ibang bilihin at serbisyo, kaya mas ramdam sa araw-araw na gastos. Medyo mahirap talaga mag-budget kapag pamasahe, kuryente, at bigas ay sabay-sabay na mahal.
Kayo ba, ano yung pinaka-ramdam niyong pagtaas ngayon, pamasahe, kuryente, o groceries? Share niyo kung paano kayo nag-a-adjust sa monthly budget.
Sources: Trading Economics (November 5, 2026) You do not have permission to view the full content of this post. Log in or register now. and Context.ph You do not have permission to view the full content of this post. Log in or register now.