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The Philippines’ consumer price index (CPI) accelerated sharply in April 2026, with the month-on-month measure rising to 2.6%, up from 1.4% in March 2026. The latest data, updated on 5 May 2026, point to a notable pickup in price pressures after a comparatively moderate increase in the previous month.
On a month-over-month basis, April’s figure shows that prices grew at a significantly faster pace compared with March, when the CPI advance had cooled to 1.4% versus February. The comparison underlines a clear short-term shift in inflation momentum, as the “actual” April reading is measured against March, while the “previous” value reflects the change recorded in March relative to February.
The stronger monthly CPI reading in April will likely draw attention from analysts and policymakers monitoring inflation dynamics in the Philippines, given the reversal from the slower price growth seen a month earlier and the implications for the near-term inflation outlook.