The Philippine’s annual headline inflation rate increased to 3.2 percent in July from 2.8 percent in June. This was due to higher annual increments registered in all the commodity groups except those in clothing and footwear, health, transport, and education indices. Inflation a year ago was 4.9 percent.

The country's annual headline inflation rate settled to 2.9 percent in May from 3.0 percent in April. It resulted from the slower annual growth rates in the indices of housing, water, electricity, gas, and other fuels; health; transport; and education. Inflation a year ago was 4.9 percent.

The national annual headline inflation rate continued to decelerate to 2.6 percent in March from 2.7 percent in February. The indices of alcoholic beverages and tobacco; clothing and footwear; housing, water, electricity, gas and other fuels; transport; recreation and culture; and restaurants and miscellaneous goods and services posted slower annual increases during the month. Inflation in March 2011 was 4.8 percent.