MANILA — The Bangko Sentral ng Pilipinas (BSP) expects inflation to rise in February 2026, with a forecast range of 2.3% to 3.1%, faster than January’s 2% rate.

In its month-ahead inflation outlook, the central bank said upward price pressures may come from higher costs of rice and fish, elevated domestic petroleum prices, and increased electricity charges in Meralco-serviced areas. “These pressures, however, may be partly offset by lower prices of vegetables, fruits, and meat, as well as peso appreciation,” the BSP added.

The Philippine Statistics Authority is set to release official inflation data for February on March 5, 2026.

The BSP said it will continue monitoring domestic and global developments to ensure its policy settings support price stability while fostering sustainable growth and employment.