# Philippines Inflation Rate (CPI)

Philippines Inflation Rate (CPI) was up 7.8% year on year in October 2026, compared with 7.2% in September 2026.
The level stood at 138.6 (index 2018=100).
That is the highest reading since February 2023.
Among the 80 economies Makrognosis covers on this measure, it is the 11th highest.
Over the past available history it has ranged from 0.5% (Sep 2019) to 8.7% (Jan 2023), averaging 3.8%.

- Source agency: Philippine Statistics Authority (PSA) OpenSTAT
- Makrognosis code: `PH.CPI.M.NSA`
- Frequency: monthly
- Units: index 2018=100
- Coverage: 2018-01-01 to 2026-10-01 (106 observations)
- Page: https://makrognosis.robomacro.com/data/philippines/inflation-rate-cpi

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| October 2026 | 138.6 | 7.8 |
| September 2026 | 137.7 | 7.2 |
| August 2026 | 136.4 | 6.1 |
| July 2026 | 135.6 | 6.2 |
| June 2026 | 135.5 | 6.4 |
| May 2026 | 135.8 | 6.8 |
| April 2026 | 136.5 | 7.2 |
| March 2026 | 133.0 | 4.1 |
| February 2026 | 131.2 | 2.4 |
| January 2026 | 131.0 | 2.0 |
| December 2025 | 130.0 | 1.8 |
| November 2025 | 128.9 | 1.5 |
| October 2025 | 128.6 | 1.7 |
| September 2025 | 128.5 | 1.7 |
| August 2025 | 128.5 | 1.5 |
| July 2025 | 127.7 | 0.9 |
| June 2025 | 127.3 | 1.4 |
| May 2025 | 127.2 | 1.3 |
| April 2025 | 127.3 | 1.4 |
| March 2025 | 127.8 | 1.8 |
| February 2025 | 128.1 | 2.1 |
| January 2025 | 128.4 | 2.9 |
| December 2024 | 127.7 | 2.9 |
| November 2024 | 127.0 | 2.5 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PH.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PH.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```