2024 Inflation Rate Philippines

2024 Inflation Rate Philippines. The philippines' headline inflation increased to 3.4 percent in february 2024 from 2.8 percent in january 2024, mainly driven by food and transport. The report shows that the headline inflation was 3.7 percent, food inflation was 5.7 percent, and core inflation was 3.4 percent.

The philippines’ headline inflation or overall inflation increased to 3.8 percent in april 2024 from 3.7 percent in march 2024. The philippines’ headline inflation increased to 3.9 percent in may 2024 from 3.8 percent in april 2024, mainly due to higher housing, water, electricity, gas and transport costs.