# Fact check: Is Trump to blame for spiraling Philippine inflation? | Philstar.com

> Philippine President Rodrigo Duterte blamed US trade policy for rising inflation, which reached 6.4% in August, the fastest pace since 2009. Central bank data showed food prices up 8.5% and transport costs up 7.8%, and the finance chief said the Philippines is largely insulated from the US-China trade war.

- Date: 2018-09-08 · published 2018-09-08T12:00:00.000Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/63118-fact-check-is-trump-to-blame-for-spiraling-philippine-inflation-philstar-com
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Inflation is driven mainly by domestic food and transport costs rather than US tariffs, so the story does not directly move feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-01-05 | [Government sees inflation's peak as it misses target for second straight year \| Philstar.com](https://feedsoft.ai/events/12192-government-sees-inflation-s-peak-as-it-misses-target-for-second-straight-year.md) | -0.2% | +1.6% |
| RICE | 2024-06-07 | [RBI MPC Meet: Committed to bring inflation back to target of 4% on a durable basis, says RBI governor  - BusinessToday](https://feedsoft.ai/events/29730-rbi-mpc-meet-committed-to-bring-inflation-back-to-target-of-4-on-a-durable.md) | +1.6% | -6.5% |
| RICE | 2025-08-21 | [Japan core inflation dips to lowest since March as rice prices cool](https://feedsoft.ai/events/11824-japan-core-inflation-dips-to-lowest-since-march-as-rice-prices-cool.md) | -4.4% | -4.4% |
| RICE | 2026-06-03 | [India's inflation might move higher to 5% in FY27 led by food, energy prices: BoB report - The HinduBusinessLine](https://feedsoft.ai/events/18742-india-s-inflation-might-move-higher-to-5-in-fy27-led-by-food-energy-prices-bob.md) | -2.1% | +1.6% |
| RICE | 2025-02-19 | [How the falling rupee is lowering Indian food prices for UAE shoppers](https://feedsoft.ai/events/26013-how-the-falling-rupee-is-lowering-indian-food-prices-for-uae-shoppers.md) | -4.0% | -3.4% |

## Sources

- philstar.com: https://www.philstar.com/headlines/2018/09/08/1849807/fact-check-trump-blame-spiraling-philippine-inflation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.