Inflation Rate Philippines 2024. For next year, the adb expects inflation to ease further to 3.2 percent, also lower than its earlier forecast of 3.4 percent. Headline inflation the region’s headline inflation or overall inflation eased to 4.2 percent in august 2024 from 4.4 percent in july 2024.
The latest figure is higher than the 3.7% recorded in june 2024, but lower than the 4.7% rate in july 2023, the philippine statistics authority said in a press. The philippines’ headline inflation or overall inflation increased to 3.7 percent in march 2024 from 3.4 percent in february 2024.
