# Philippines inflation hits 44-month high on petrol prices

> Philippine inflation rose to 7.8% in October, a 44-month high, driven by a 20% rise in transport costs from higher petrol prices. The year-to-date rate is 5.6%, and the central bank raised rates by 50 basis points to 5.5%.

- Date: 2026-11-05 · published 2026-11-05T09:11:37.536Z
- Category: macro · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/81516-philippines-inflation-hits-44-month-high-on-petrol-prices
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher fuel and transport costs raise the cost of delivering feed and grain in the Philippines, and a weaker peso adds to import costs. The rate hike tightens financing for feed mills and livestock producers.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-11-22 | [Petrol prices and panic sends inflation shooting up in South Africa – BusinessTech](https://feedsoft.ai/events/33325-petrol-prices-and-panic-sends-inflation-shooting-up-in-south-africa-businesstech.md) | -1.0% | -7.4% |
| DIESEL | 2023-09-29 | [GLOBAL LNG-Asia spot prices hit 7-month high on rising demand, Europe supply worries](https://feedsoft.ai/events/34284-global-lng-asia-spot-prices-hit-7-month-high-on-rising-demand-europe-supply.md) | -12.8% | -8.4% |
| DIESEL | 2021-10-25 | [DOE/EIA diesel price now up 30 cents in a month - FreightWaves](https://feedsoft.ai/events/44747-doe-eia-diesel-price-now-up-30-cents-in-a-month-freightwaves.md) | -2.2% | -10.1% |
| DIESEL | 2023-08-25 | [Oil futures up 1% to one-week high on soaring US diesel prices](https://feedsoft.ai/events/34772-oil-futures-up-1-to-one-week-high-on-soaring-us-diesel-prices.md) | -0.2% | +5.4% |
| DIESEL | 2022-04-29 | [Thailand inflation spike may tilt odds in favour of early rate hikes - The Business Times](https://feedsoft.ai/events/42084-thailand-inflation-spike-may-tilt-odds-in-favour-of-early-rate-hikes-the.md) | -13.3% | -22.6% |

## Sources

- straitstimes.com: https://www.straitstimes.com/asia/se-asia/petrol-prices-drive-highest-philippine-inflation-in-years

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