Inflation eases to 6.8% in May 2026 amid slower rise in fuel costs
Philippine inflation has eased to 6.8% in May 2026, primarily due to a slower rise in fuel prices. Despite this decrease, the year-to-date average inflation remains at 4.5%, exceeding the government's target range. The government is implementing measures to stabilize prices amid ongoing economic challenges.
- ▪The inflation rate in the Philippines dropped to 6.8% in May 2026.
- ▪Year-to-date average inflation is at 4.5%, still above the government's target range of 2% to 4%.
- ▪Rice prices are increasing at a faster rate, with inflation picking up to 15.6%.
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window.rapplerAds.displayAd( "mobile-top-billboard" ); window.rapplerAds.displayAd( "oop" ); window.rapplerAds.displayAd( "mobile-oop" ); Philippine inflation rate Inflation eases to 6.8% in May 2026 amid slower rise in fuel costs Jun 5, 2026 11:20 AM PHT Tatiana Maligro Listen to this article Upgrade to listen Powered by Speechify Already have Rappler+? Sign in to listen to groundbreaking journalism. SUMMARY This is AI generated summarization, which may have errors. For context, always refer to the full article. DISCOUNTED FUEL. A jeepney driver purchases government-discounted fuel at a gas station in Pasig City on April 14, 2026.
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