Oil Shock Sends Philippine Inflation Surging to 20-Month High

EconomicsInflation & PricesOil Shock Sends Philippine Inflation Surging to 20-Month HighFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Andreo Calonzo and Ditas B LopezApril 7, 2026 at 1:04 AM UTCBookmarkSaveThe Philippines’ inflation spiked in March to the highest in nearly two years as the Iran war choked energy supply and pushed up fuel prices.Consumer prices accelerated 4.1% last month from a year ago, the Philippine Statistics Authority said on Tuesday. That exceeded the median estimate of 3.8% in a Bloomberg News survey and the 2.4% recorded in February.