• Consumer prices rose 8.1% y/y (estimate +8.2%) in December versus +8% in November, according to the Philippine Statistics Authority
  • Estimates range +7.5% to +8.4%, 12 economists
  • Core consumer prices rose 6.9% y/y
  • Capital region consumer prices rose 7.6% y/y
  • Consumer prices rose 5.8% y/y in January to December
  • Faster rise in prices of food and non alcoholic beverages quickened inflation in December, statistics agency says