The inflation rate in the Philippines increased to 5.3 percent in August 2023 from 4.7 percent in July. The inflation rate of the country in August 2022 was posted at 6.3 percent (see Table A). The average inflation in the country this year was posted at 6.6 percent.Read more about Summary Inflation Report Consumer Price Index (2018=100) Pangasinan August 2023