Philippines inflation likely dropped to 1.4% in December 2025, lowest in five months, due to lower rice and electricity prices.

Inflation in the Philippines likely eased to 1.4% in December 2025, the lowest in five months, driven by falling rice and electricity prices, despite holiday spending and a weaker peso. Analysts project full-year 2025 inflation at 1.6%, within the Bangko Sentral ng Pilipinas’ target, supporting expectations of further rate cuts in 2026. The official data is set for release on January 6, 2026.