Amid the high prices of agricultural products, particularly pork and chicken meat, in most wet markets, the Philippine Statistics Authority (PSA) reported that the country’s headline inflation rate further decreased to 0.9 percent in July 2025, from 1.4 percent in the previous month.

The PSA stated that the lowered inflation rate in July was due to the slower annual increase in the housing, water, electricity, gas, and other fuels index, at 2.1 percent during the month, compared to 3.2 percent in June 2025.

Just today, petroleum companies announced a more than P1 price increase, namely Petron Corp., Seaoil Philippines Corp., Shell Pilipinas Corp., Cleanfuel, and Petro Gazz, hiking their prices per liter of gasoline by P1.90, diesel by P1.20, and kerosene by P1.00.

Chevron Philippines Inc. (Caltex), on the other hand, will raise prices of gasoline by P1.30, diesel by P0.90, and kerosene by P0.75 per liter.

Further, the PSA also said contributing to the downtrend of inflation was the annual decrease in the index of food and non-alcoholic beverages at 0.2 percent in July 2025 from an annual increase of 0.4 percent in June 2025.

Moreover, the PSA reported that a faster annual decline was recorded in the transport index at 2.0 percent in July 2025 from a 1.6 percent annual drop in the previous month.

Compared with their previous month’s inflation rates, lower rates were observed during the month in education services at 4.3 percent from 5.3 percent, and personal care and miscellaneous goods and services at 2.3 percent from 2.4 percent.