Philippine Inflation Plunges to Lowest in Years

Inflation Slows in the Philippines: May 2025 Rate Hits Lowest Since 2019 The Philippines experienced a significant decrease in inflation during May 2025, with the rate falling to 1.3%, according to the Philippine Statistics Authority (PSA). This marks the lowest inflation rate since November 2019, offering some relief to consumers struggling with rising prices. "This is the lowest inflation we've seen in years," stated a news anchor from News5. "While this is positive news, it's important to note that the decrease is not uniform across all goods and services." The report highlights that while the overall inflation rate decreased, certain goods like meat, fish, and vegetables saw price increases. However, the decrease in housing, utilities, and fuel costs contributed significantly to the overall lower inflation rate. The PSA is currently monitoring these trends to see if the downward trend continues into June. The lower inflation rate offers a glimmer of hope for the Philippine economy and provides much-needed relief to consumers who have been grappling with increased living costs in recent years. The government will continue to monitor economic indicators closely to ensure stability and address any emerging challenges.