MANILA, Dec. 5 -- Slower annual uptick of prices of several food items largely contributed to the deceleration of the domestic inflation rate in November 2025 to 1.5 percent from the month-ago's 1.7 percent.

Date released by the Philippine Statistics Authority (PSA) on Friday showed that alcoholic beverages and tobacco, furnishings, household equipment and routine household maintenance, and personal care and miscellaneous goods and services also posted a slower rate of price increases.

This brought the 11-month average this year to 1.6 percent, way below the Bangko Sentral ng Pilipinas' (BSP) 2 to 4 percent target band.

The year-ago inflation rate is 2.5 percent.

Below target

The BSP, in a statement, noted that the November inflation...