The European Chamber of Commerce of the Philippines (ECCP) said they remain ready to collaborate with the Philippine government to have an attractive business environment, a day after the Philippine Statistics Authority released its report of a 6-year low of the country’s headline inflation.

July 2025’s headline inflation stood at 0.9 percent, the lowest recorded since October 2019, which, according to the Bangko Sentral ng Pilipinas, was well within its forecast range of 0.5 to 1.3 percent for the month.

“The ECCP commends the government on achieving a 6-year low inflation rate of 0.9% in July 2025, a significant decrease from 4.4% recorded in July 2024,” the ECCP said on Wednesday.

The July inflation brings the average inflation rate for the first seven months of 2025 to a remarkable 1.7 percent.

“The ECCP remains committed to supporting the government’s ongoing efforts to sustain low inflation and foster economic growth through increased investments and employment.

We stand ready to partner in creating a predictable and stable business environment that attracts foreign investment and creates opportunities for all Filipinos,” the ECCP said.

The country’s economic team, through Office of the Special Assistant to the President for Investment and Economic Affairs, Secretary Frederick Go, also welcomed the continued slowdown in inflation.

Food prices, in particular, fell by 0.5%, bringing much-needed relief to Filipino households, with Go stating that “These developments underscore the administration's commitment to making food more accessible and affordable.”

“The Economic Team will continue to pursue measures that keep prices stable and make everyday life easier for every Filipino. Hangad natin na maramdaman ng taumbayan ang bunga ng pag-unlad ng ekonomiya sa kanilang mga tahanan," he said.