Philippine inflation sits near 4.3% with the policy rate at 5% — while Thailand’s CPI is soft at 0.9% and its policy rate is 1%.
Don’t mix WEO vintages. Singapore’s rate cell stays empty — exchange-rate centred, not a missing number. Myanmar’s 19% carries a conflict / †2019 caveat.
What the comparison shows
The WEO measures are not mixed with WDI or policy rates. Singapore’s exchange-rate framework and unseeded rate cells remain explicit.
Key findings from this pack
- The WEO measures are not mixed with WDI or policy rates. Singapore’s exchange-rate framework and unseeded rate cells remain explicit.
- Thailand has softer projected inflation than the Philippines; Myanmar needs conflict and source-vintage context.
- Read source, year and as_of; gaps are not zeros.
The evidence: Philippines and peers
Philippines, Malaysia, Thailand, Vietnam and Indonesia. Values retain their individual years; missing observations are shown as —.
| Indicator / unit | Philippines | Malaysia | Thailand | Vietnam | Indonesia |
|---|---|---|---|---|---|
| Headline CPI · WEO 2026% annual change | 4.32026 | 1.92026 | 0.92026 | 4.92026 | 32026 |
| Headline CPI · WEO 2025% annual change | 1.72025 | 1.42025 | -0.12025 | 3.32025 | 1.92025 |
| Headline CPI · WDI% annual change | 1.662025 | 1.382025 | -0.132025 | 3.312025 | 1.912025 |
| Policy rates% per annum | 52026 | 2.752026 | 12026 | —No observation | 5.752026 |
| Policy frameworklabel | inflation_targeting2026 | inflation_targeting2026 | inflation_targeting2026 | other2026 | inflation_targeting2026 |
How to interpret the findings
Thailand has softer projected inflation than the Philippines; Myanmar needs conflict and source-vintage context.
Coverage and context
Read row years and coverage notes; missing observations are not zero.
The table is a comparison of observations, not a combined ranking. The topic guide includes the wider SEA-11 coverage, interactive charts and full methodology.
Open inflation & policy rates →All sources and observation years
S1 · IMF World Economic Outlook / DataMapper April 2026 PCPIPCH · year 2026 / 2025 · as_of 2026-09-11
S2 · World Bank WDI FP.CPI.TOTL.ZG · year 2025 / 2019 · as_of 2026-09-11
S3 · BIS WS_CBPOL (no series) / official CB not locked · year 2026 · as_of 2026-09-11
S4 · Derived framework chip from CB mandate descriptions (not a rate) · year 2026 · as_of 2026-09-11
S5 · BIS central bank policy rates (WS_CBPOL) + official CB cross-check · year 2026 · as_of 2026-09-11
S6 · BIS central bank policy rates (WS_CBPOL) + official CB cross-check · year 2026 · as_of 2026-09-11
S7 · BIS central bank policy rates (WS_CBPOL) + official CB cross-check · year 2026 · as_of 2026-09-11
S8 · BIS central bank policy rates (WS_CBPOL) + official CB cross-check · year 2026 · as_of 2026-09-11
Cite this page
ASEAN in Data (2026). Philippine inflation sits near 4.3% with the policy rate at 5% — while Thailand’s CPI is soft at 0.9% and its policy rate is 1%. /insights/inflation-policy-rates