Inflation rate in November 2025 likely stayed below 2.0 percent, according to the Bangko Sentral ng Pilipinas.
The BSP projected that the November inflation settled within a range of 1.1 percent to 1.9 percent. The Philippine Statistics Authority (PSA) will release the official figure next week.
The PSA reported that inflation in October remained at 1.7 percent, the same rate as the previous month.
Upward price pressures in November reflect in part the impact of inclement weather as prices of rice, fish and fruits increased, according to the BSP.
“Higher electricity and oil prices, as well as the depreciation of the peso could also contribute to price pressures. These factors could be partially offset by lower prices of meat and vegetables,” the BSP said in a statement.
The BSP said it would continue to monitor evolving domestic and international developments affecting the outlook for inflation and economic growth in line with its data-dependent approach to monetary policy formulation.
