Agriculture Secretary Francisco P. Tiu Laurel Jr. on April 1 met with vegetable farmers, truckers, and local officials from Benguet, Ifugao, and Mountain Province to address surging fuel prices that are straining farm incomes and threatening vegetable supply.
Headline inflation rose to 1.4 percent in June 2025, up slightly from 1.3 percent in May, driven mainly by a faster year-on-year increase in housing, water, electricity, gas, and other fuel costs. In comparison, inflation in June 2024 stood at 3.7 percent.
The Philippines’ headline inflation eased to 1.8 percent in March 2025, down from 2.1 percent in February and significantly lower than the 3.7 percent recorded in March 2024.
The Bangko Sentral ng Pilipinas said its Monetary Board will adopt a “calibrated approach” for its interest rate policy despite the government announcing that September inflation had dropped to 1.9 percent — its lowest level since May 2020.