Nowcasting Macro

Live Nowcast2026 Q2 (no official figure yet)

Philippines CPI (YoY %) Forecast

Produced by a tournament of forecasting models judged on real out-of-sample accuracy — the figure below is the deployed model’s current read, refreshed automatically as official data and news arrive.

Latest official
2.84%
2026 Q1
Nowcast
4.02%
2026 Q2
Typical accuracy
±0.92%
vs published actuals
4.02%2023 Q22026 Q12026 Q2

Recent official figures (solid) and the current nowcast (dot) with its typical-error range. Every past forecast is kept on the books — see how the number is made.

What is the Philippines CPI (YoY %) nowcast for 2026 Q2?

Nowcasting Macro's latest nowcast puts Philippines CPI (YoY %) at 4.02% for 2026 Q2, against the most recent official figure of 2.84% for 2026 Q1.

That points to a rise of about 1.18 percentage points from the last print.

Consumer Price Index: how much consumer prices have risen compared with the same period a year earlier.

Across our walk-forward backtest, the model deployed for this series has typically landed within ±0.92% of the published actual.

Over the past 4 quarters the series has risen from 2.23% (2025 Q1) to 2.84% (2026 Q1).

Higher = faster inflation. A falling forecast is coded as good news in the sentiment layer.

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More Philippines forecasts

CPI (YoY %) in other economies

Philippines CPI (YoY %) Forecast — 2026 Q2 Nowcast: 4.02% · Nowcasting Macro