News | General | East Asia & Pacific
Philippine Inflation Climbs to 7.8% in October, Highest Since February 2023
Sahmino Newsroom | 5 November 2026 | 10 days ago
The Philippine Statistics Authority said on Thursday, 5 November 2026 (14 Aban 1405), that the country's inflation rose to 7.8% in October from 7.2% in September; it was 1.7% in October last year. According to the Philippine Star, transport costs were the main driver, with transport inflation rising from 14.6% to 20.1%. Inflation for housing, water, electricity, gas and other fuels rose from 8.4% to 9.3%.
Food and non-alcoholic beverage inflation eased from 6.8% to 6.4%, but rice inflation reached 20.7% and maize 19.3%. Core inflation rose from 4.8% to 5.4%. The Philippine central bank had raised its policy rate by 0.5 percentage point to 5.5% in October. Higher energy and transport costs across Asian economies tie back to Iran through the oil market.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, US Dollar rose 1.1 percent, to 2,699,000 rial.
Over the same days, Tehran Stock Exchange Index rose 7.0 percent, to 8,465,595.
Over the same days, Brent Crude fell 1.8 percent, to 96.55 dollars.
- US Dollar
- +1.1%
- Tehran Stock Exchange Index
- +7.0%
- Brent Crude
- −1.8%
Prices to the close of 15 November
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