Philippine's annualized consumer price rose 4.5% in May, where the actual reading came inline with a previous reading that revised to 4.3%, while the market's expectations estimated of 5.0%.

On the other hand, Philippine's consumer price index for the month of May retreated to 0.0% comparing with a previous 0.8% in April, which was revised to 0.6% and the anticipations referred to 0.5%.