The Central Bank of the Philippines projects June 2026 inflation to settle within a 6.0 to 7.0 percent range. In its latest inflation outlook, the bank indicated that lower domestic oil prices and softer prices for major food items, including rice and meat, may help moderate price pressures during the month. Those downward effects could be partly offset by higher electricity rates and rising vegetable prices. The Central Bank of the Philippines said it will remain guided by incoming data on inflation and growth prospects and will continue to monitor developments in the Middle East for their potential impact on inflation and economic activity.