Table A. Year-on-Year Inflation Rates, All Items
In Percent
(2018=100)

A. The Philippines

The Philippines’ headline inflation or overall inflation increased to 1.4 percent in June 2025 from 1.3 percent in the previous month. This brings the average inflation rate from January to June 2025 to 1.8 percent. In June 2024, the inflation rate was higher at 3.7 percent.  (Table A)

B. Central Visayas
1. Regional Inflation

In Central Visayas, the headline inflation or overall inflation slowed down further to 0.2 percent in June 2025 from 0.9 percent in the previous month. The average inflation rate in the region from January to June 2025 was posted at 2.0 percent. In June 2024, the inflation rate was higher, which was recorded at 4.8 percent.  (Table A)

C. Province of Cebu

1. Headline Inflation

The headline inflation for the Province of Cebu recorded a faster annual decrement at 0.8 percent in June 2025 from 0.5 percent in the previous month. This brings the province’s average inflation rate from January to June 2025 to 2.1 percent. In June 2024, the inflation rate was higher at 3.5 percent. (Table A and Figure 1)

1.1 Main Drivers to the Downward Trend of the Headline Inflation

The downtrend of headline inflation was primarily influenced by the faster annual decline in the index of food and non-alcoholic beverages at 4.0 percent in June 2025 from annual decline of 2.4 percent in the previous month.

The slower year-on-year increments in the indices of housing, water, electricity, gas and other fuels at 1.4 percent, and transport at 2.9 percent during the month from their previous month’s respective inflation rates at 3.6 percent and 5.1 percent also contributed to the downtrend. In addition, health index recorded a slower annual increase at 1.9 percent during the month from 2.0 percent in the previous month.

On the contrary, faster annual increase was observed in the index of personal care, and miscellaneous goods and services at 2.5 percent during the from 2.4 percent in the previous month.

The indices that posted the same annual growth rates as in the previous month were alcoholic beverages and tobacco, clothing and footwear, furnishings, household equipment and routine household maintenance, recreation, sport and culture, education services at 3.4, percent, 0.1 percent, 5.0 percent, 0.3 percent, and 7.2 percent, respectively.

Information and communication, restaurants and accommodation services, and financial services recorded no price movement during the month. (Table 3)

1.2 Main Contributor to the Headline Inflation

The main contributor to the June 2025 headline inflation in the province was food and non-alcoholic beverages commodity group with 222.5 percent share or -1.78 percentage point.

2. Food Inflation

Food inflation in the Province of Cebu posted a faster annual decrease at 4.3 percent in June 2025 from an annual drop of 2.8 percent in May 2025.  In June 2024, the food inflation rate stood at 8.1 percent. (Table 7)

2.1 Main Drivers to the Downtrend of Food Inflation

The downtrend of food inflation in June 2025 was mainly brought by the faster annual decrements in the indices of corn at 29.3 percent, rice at 12.4 percent, and vegetables, tubers, plantains, cooking bananas and pulses at 17.9 percent from their respective inflation rates at 21.0 percent, 11.7 percent, and 15.2 percent annual decreases in the previous month. In addition, ready-made food and other food products not elsewhere classified recorded a faster annual decrease at 0.6 percent during the month from 1.2 percent annual increase in the previous month. Fruits and nuts posted a slower annual increase at 3.7 percent in June 2025 from 4.0 percent in May 2025.

In contrast, faster annual growth rates were recorded in the indices of flour, bread, and other bakery products, pasta products and other cereals at 0.6 percent, meat and other parts of slaughtered land animals at 9.0 percent, fish and other seafood at 11.7 percent, and milk, other dairy products and eggs at 4.5 percent during the month from their previous month’s respective inflation rates at 0.3 percent, 8.9 percent, 8.1 percent, and 1.9 percent.

The indices that retained their previous month’s food inflation rates were oils and fats at 0.3 percent annual increase, and sugar, confectionery and desserts at 0.1 percent annual decline. (Table 5)
  
2.2 Main Contributors to the Food Inflation

Food inflation shared 227.4 percent or -1.8 percentage point to the overall inflation in June 2025. The food groups with the highest contribution to food inflation during the month were the following:

a. Cereals and cereal products which include rice, corn, flour, bread and other bakery products, pasta products and other cereals with a share of 154.4 percent or -6.6 percentage point
b. Vegetables, tubers, plantains, cooking bananas and pulses with a share of 36.4 percent or -1.6 percentage point
c. Ready-made food and other food products not elsewhere classified with a share of 0.4 percent or -0.02 percentage point
 

Table B. Year-on-Year Inflation Rates in the Province of Cebu, All Items
In Percent
January 2020 – June 2025
(2018=100)

Approved by:

MELCHOR B. BAUTISTA
Chief Statistical Specialist

KST/RYN