Palace welcomes slower PH inflation in July 2025

Malacañang has welcomed the decline in the country's inflation, saying that it was a direct result of the government's efforts to stabilize food prices.

During a press briefing on Tuesday, Palace Press Officer Undersecretary Atty. Claire Castro said the Marcos administration has kept inflation under control despite the global challenges, including the conflicts in the Middle East and Europe, the imposition of US tariffs, and market volatility.

"Magandang balita po ito at parang nagkaroon ng magic dahil mahirap po talaga sa panahon po ngayon na ang dami-dami pong sirkumstansya na maaaring makaapekto sa pag-presyo ng mga produkto," Castro said.

(This is good news. It's as if magic happened, given that our times are challenging due to so many circumstances which may affect the prices of goods.) 

"Katulad po ng Israel conflict with Iraq. Mayroon pa po 'yung Russia conflict din at marami pang iba. Pati po yung US tariff, maaaring makaapekto 'yan," Castro added.

(Like the Israel conflict with Iraq, the Russia conflict, and many others. The US tariff may also affect that.)

The country's inflation decelerated to its lowest level in nearly six years in July due to the slower increase in utilities costs and the decrease in food commodities' prices during the period, the Philippine Statistics Authority (PSA) had said.

National Statistician and PSA chief Claire Dennis Mapa reported that last month's inflation print —which measures the rate of growth in the prices of consumer goods and services—slowed to 0.9% from 1.4% in June.

This was the lowest inflation print recorded since October 2019, when it clocked in at 0.6%.

The PSA said that July's inflation rate brought the year-to-date national average rate to 1.7%, which was still below the government's comfortable inflation rate ceiling of 2% to 4% for 2025. — VDV, GMA Integrated News