Statement of DTI Secretary Cristina A. Roque
On the Latest Inflation Report
The recent inflation figures for May 2025 represent a significant achievement for the Philippine economy, demonstrating the Department of Trade and Industry’s (DTI) steadfast commitment to President Ferdinand R. Marcos, Jr.’s economically sound Bagong Pilipinas. With inflation settling at a five-year low of 1.3%, and a five-month average of 1.9%, we have successfully maintained a rate well within the Bangko Sentral ng Pilipinas’ target range of 2-4%. This performance underscores the resilience of our economic framework and our dedication to ensuring a predictable price environment.
This favorable trend is a direct result of Secretary Cristina A. Roque’s strategic, proactive measures implemented through a whole-of-nation approach. These include government initiatives to stabilize basic necessities and prime commodities, ensuring accessibility and affordability for all Filipino households. We are committed to sustaining this momentum through continued collaborative efforts across government agencies and the private sector.
The DTI remains resolute in its mission to attract high-quality investments in key sectors, ensuring consumer protection, and empowering micro, small, and medium enterprises and local industries. We are actively fostering a business-friendly environment that drives innovation, generates quality jobs, and enhances the local and global competitiveness of Philippine products and services. We are committed to bolstering our industrial base and elevating national competitiveness by pursuing programs that will translate this robust economic stability into sustained and inclusive growth, ensuring prosperity reaches all sectors of Philippine society. ♦
Date of Release: 10 June 2025