2024 Inflation Rate Philippines. Consumption in the philippines is expected to recover in the remaining months of 2024, with its bottom point already reached early this year. 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 conference on.
An economist from citi said the philippine economy is expected to accelerate to 6.0 percent in the last quarter of 2024. Muling tumaas ang inflation rate nitong pebrero 2024 primarya dahil sa bilis ng pagtaas ng presyo ng bilihin, ayon sa pinakahuling ulat ng philippine statistics authority.