Inflation slows to 6.8% in May

MANILA, Philippines — Inflation slowed to 6.8 percent in May 2026 on the back of slower annual increases in the costs of transport, food, housing, water, electricity, and gas, the Philippine Statistics Authority reported on Friday. It was slower than the 7.2 percent inflation recorded in April but faster than the 1.3 percent inflation seen in May 2025. It was also lower than the 7.8 percent median forecast of The Manila Times' poll of economists and falls outside the Bangko Sentral ng Pili