Inflation slows to 1.5 percent in November

MANILA, December 9 ------ The Philippines posted a slower inflation rate of 1.5 percent in November, the Philippine Statistics Authority said. This was slower than the 1.7 percent clip seen in October and September, and was within the 1.1 to 1.9 percent forecast of the Bangko Sentral ng Pilipinas. From January to November, inflation averaged 1.6 percent, which was lower than the 2 to 4 percent target range of economic managers.

The PSA said food inflation at the national level saw an annual decline of 0.3 percent in November 2025 from a 0.2 percent annual increase in the previous month. Meanwhile, core inflation, which excludes selected food and energy items, also slowed down to 2.4 percent in November 2025 from 2.5 percent in October 2025.

Benign inflation has allowed the BSP to ease monetary policy amid the slowdown in economic growth this year. Another rate cut is expected this month following the disappointing growth figures from the third quarter. The country's top development economist has said that it is unlikely for the Philippines to meet even the lower end of its 5.5 to 6.5 percent growth rate for 2025.

Source: news.abs-cbn.com