Geopolitics Alpha

Philippines Inflation Rate Surges to 7.8%

Published . Updated .

Key takeaways

  • The annual inflation rate in the Philippines accelerated to 7.8% in October 2026 from 7.2% in September, exceeding expectations of 7.6% and marking the highest reading since February 2023.Transport inflation surged to 20.1% from 14.6%, while inflation for housing, water
  • Exposed: EPHE, EMB, EMLC, EEM
  • Market reaction: price tracking starts with the next trading session.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

Philippines Inflation Rate Surges to 7.8%

The annual inflation rate in the Philippines accelerated to 7.8% in October 2026 from 7.2% in September, exceeding expectations of 7.6% and marking the highest reading since February 2023.Transport inflation surged to 20.1% from 14.6%, while inflation for housing, water

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLRE Real Estate Select Sector SPDR+2.7% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • XHB SPDR S&P Homebuilders ETF+5.0% 30d

    SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • EPHE iShares MSCI Philippines ETF

    iShares MSCI Philippines ETF holds stocks listed in the Philippines, which this story is about (“philippines”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.6% 8d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in the Philippines

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from the Philippines.

  • EEM iShares MSCI Emerging Markets ETF-1.7% 19d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes the Philippines

  • PLD Prologis-3.7% 30d

    Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • DHI D.R. Horton+3.4% 30d

    D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLRE-4.53%-3.24%baseafter closeafter closeafter closeafter close
XHB-5.86%-2.81%baseafter closeafter closeafter closeafter close
EPHE-1.64%-2.04%baseafter closeafter closeafter closeafter close
EMB-0.15%-0.65%baseafter closeafter closeafter closeafter close
EMLC-0.22%-0.61%baseafter closeafter closeafter closeafter close
EEM+1.82%-0.81%baseafter closeafter closeafter closeafter close
PLD-2.56%-1.30%baseafter closeafter closeafter closeafter close
DHI-6.73%-2.62%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Philippines Inflation Rate Surges to 7.8% TradingView

Source: TradingView

How far Ishares Tr (EPHE) has moved since 5 Nov 2026

CompanyWhenMoveStatus
DHIthree days earlier-2.62%final price
DHIfive days earlier-6.73%final price
Ishares Tr (EEM)three days earlier-0.81%final price
Ishares Tr (EEM)five days earlier+1.82%final price
Ishares Tr (EMB)three days earlier-0.65%final price
Ishares Tr (EMB)five days earlier-0.15%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier-0.61%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier-0.22%final price
Ishares Tr (EPHE)three days earlier-2.04%final price
Ishares Tr (EPHE)five days earlier-1.64%final price
PLDthree days earlier-1.30%final price
PLDfive days earlier-2.56%final price
XHBthree days earlier-2.81%final price
XHBfive days earlier-5.86%final price
XLREthree days earlier-3.24%final price
XLREfive days earlier-4.53%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (EPHE)

Companies mentioned with this story

  • EPHE Ishares Tr

    For “Philippines Inflation Rate Surges to 7.8%,” Ishares Tr (EPHE) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Philippines ETF holds stocks listed in the Philippines, which this story is about (“philippines”)

  • EMB Ishares Tr

    In “Philippines Inflation Rate Surges to 7.8%,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in the Philippines

  • EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf

    In “Philippines Inflation Rate Surges to 7.8%,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from the Philippines

  • EEM Ishares Tr

    Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Philippines Inflation Rate Surges to 7.8%.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes the Philippines

How “Philippines Inflation Rate Surges to 7.8%” reaches Ishares Tr (EPHE)

Ishares Tr (EPHE) is the company in “Philippines Inflation Rate Surges to 7.8%,” the 5 Nov 2026 this story story.

What ties Ishares Tr (EPHE) to the headline is this: iShares MSCI Philippines ETF holds stocks listed in the Philippines, which this story is about (“philippines”)

A second company, Ishares Tr (EMB), is listed for a different reason: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in the Philippines

Dates and price levels for Ishares Tr (EPHE)

EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EMLC traded between 24.50 and 25.02 across 20 sessions. The latest close on file is 24.56.

How solid “Philippines Inflation Rate Surges to 7.8%” looks

33 out of 100

“Philippines Inflation Rate Surges to 7.8%” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.