FX.co ★ Philippines August CPI Accelerates to 0.6% Month-on-Month, Up from 0.1% in July

Consumer price growth in the Philippines picked up in August 2026, with the month-on-month Consumer Price Index (CPI) rising by 0.6%, up from a modest 0.1% increase recorded in July 2026. The latest reading, updated on 4 September 2026, points to a clear acceleration in short-term price pressures.

On a month-over-month basis, the "actual" August figure of 0.6% represents a stronger pace of price gains compared with the previous period, when prices were almost flat, increasing just 0.1% from June to July. The data highlight a shift in momentum in consumer inflation, suggesting that cost pressures faced by households and businesses intensified over the late summer period.