National inflation dips to 2.4% in January

February 23, 2026 at 5:46 PM

The overall inflation rate, measured by the National Consumer Price Index (NCPI), declined to 2.4% in January 2026 from 2.9% in December 2025, according to the Department of Census and Statistics.

Food inflation eased to 3.4% in January from 4.4% the previous month, while year-on-year inflation in the non-food category remained unchanged at 1.6%. (Newswire)