FX.co ★ Philippines Core CPI Accelerates to 3.2% YoY in March, Up from 2.9% in February

Core consumer price inflation in the Philippines picked up in March 2026, with the year-over-year rate rising to 3.2%, up from 2.9% in February 2026. The data, updated on 7 April 2026, indicate a modest acceleration in underlying price pressures when comparing each month to the same period a year earlier.

The "previous" figure of 2.9% reflects February 2026 core inflation relative to February 2025, while the "actual" 3.2% represents March 2026 compared with March 2025. The move suggests that, on a year-over-year basis, core inflation has gained some momentum heading into the second quarter, a development that could factor into expectations for future monetary policy decisions and broader macroeconomic planning.