FX.co ★ Philippines Inflation Accelerates to 7.8% in October, Topping September’s 7.2%

Philippine consumer price inflation edged higher in October 2026, with the year-over-year Consumer Price Index (CPI) rising to 7.8%, up from 7.2% in September 2026. The data, updated on 5 November 2026, show that price pressures have intensified compared with the same month a year earlier, marking a further acceleration rather than the easing that policymakers and consumers might have hoped for.

Both the current and previous readings reflect year-over-year comparisons: the October figure measures price changes against October of the prior year, while the September reading compares prices with September a year earlier. The uptick from 7.2% to 7.8% signals that inflationary trends in the Philippines remain firmly entrenched, keeping cost-of-living concerns in focus for households and investors alike.