Rise in September inflation within expected range – Palace

Malacañang said the slight rise in September’s inflation rate is not a cause for concern, as it remains within the government’s projected 2–4% target for the year.

The Philippine Statistics Authority (PSA) reported that inflation rose to 1.7% in September from 1.5% in August, driven by higher transportation and food costs.

Presidential Communications Office Undersecretary Claire Castro said DEPDev Secretary Arsenio Balisacan attributed the increase to rising vegetable prices following successive typhoons. 

Special Assistant to the President Frederick Go also noted that the uptick is gradual and well within the expected range.

“Itong 1.7 percent ay hindi ito nakakapagpabagabag sa gobyerno dahil ang pinaka-projected band ay two to four percent this year, at malayo pa ito,” Castro said, adding that inflation is rising slowly.

Year-on-year, September 2025’s inflation was slower than the 1.9% recorded in September 2024. The PSA identified transport, food, and non-alcoholic beverages as the main contributors to the September increase.IMT