Inflation eases to 6.8% in May 2026 amid slower rise in fuel costs

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DISCOUNTED FUEL. A jeepney driver purchases government-discounted fuel at a gas station in Pasig City on April 14, 2026.

James Patrick Cruz/Rappler

Recent pump price rollbacks help bring inflation down, but the year-to-date average is 4.5%, still above the government's target range

MANILA, Philippines – Inflation in the Philippines eased to 6.8% in May as fuel prices rose at a slower pace, the Philippine Statistics Authority reported on Friday, June 5.