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Inflation at 1.3% in May, lowest since 2019
The Freeman
|June 06, 2025
The Philippine inflation rate continued to slow in May 2025, easing to 1.3% from 1.4% in April, according to the Philippine Statistics Authority (PSA).
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The PSA noted this is the country’s lowest inflation rate since November 2019, when it reached 1.2%.
The inflation rate has been on a steady decline since January, which started at 2.9%. For the first five months of 2025, the average inflation rate stands at 1.9%.
Inflation in May was driven by increases in housing, water, electricity, gas and other fuels (3.1%), food and non-alcoholic beverages (0.9%), and restaurants and accommodation services (2.0%).
The PSA reported slower inflation in key commodity groups, including:
* Housing, water, electricity, gas and other fuels: 3.1%
* Restaurant and accommodation services: 2.0%
* Transport: 2.4%
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