The Philippine Statistics Authority is scheduled to release its report on January consumer prices today, February 5.
Most analysts interviewed by Malaya Business Insight (MBI) over the past few days estimated inflation in January 2025 likely slowed from 2.9 percent in December and 2.8 percent in January 2024.
MBI collated all their forecast figures for January in a table below to give readers an overview of how analysts’ expectations compare with the target or estimated range given by the Bangko Sentral ng Pilipinas’ (BSP) for the month.
Comparative numbers for the actual inflation rates recorded for the month-earlier December 2024 and year-earlier January 2024 are also provided.
The full-year 2024 inflation average stood at 3.2 percent, the slowest since 2021, and at the mid-range of the government’s target range for 2024, which was between 2 and 4 percent.