![[In This Economy] For the rest of 2026, our inflation woes are far from over](https://images.weserv.nl/?url=www.rappler.com%2Ftachyon%2F2026%2F08%2FScreenshot-2026-08-07-at-3.31.31-PM.png&w=3840&q=75&output=webp&we)
PHThe article discusses ongoing inflation challenges in the Philippines despite a slight decrease to 6.2% in July 2026. While inflation has slowed from a peak of 7.2% in April, it remains significantly above the government's target range of 2%-4%. Core inflation, excluding volatile food and energy items, also decreased slightly but remained above 4%, indicating persistent price pressures across the economy. The poorest households face higher inflation at 8.2%, largely due to the significant role of food expenses in their budgets. Key contributors to inflation include rice (up 17.1%), electricity (up 8.2%), and housing and utilities. Transport inflation also remains high at 11.9%. The article attributes these issues to external factors such as global oil price spikes, currency depreciation, and reliance on imported goods.
Bias read (Center): The article presents a balanced analysis of inflation trends without overtly favoring any political ideology. It reports on economic data and external factors influencing inflation without taking a clear partisan stance. The tone is informative rather than polemical, focusing on factual economic and
