• The Philippines’ consumer prices rose more than economists expected in February.
  • Consumer prices rose 3.4% y/y (estimate +3.0%) in February, according to the Philippine Statistics Authority
    ** Estimates range +2.7% to +3.4%, 23 economists
  • Core consumer prices rose 3.6% y/y
  • Capital region consumer prices rose 3.2% y/y
  • Consumer prices rose 3.1% y/y in January to February
  • Consumer prices rose 0.6% m/m
  • Faster rise in prices of food and non alcoholic beverages drove inflation in February, according to statistics