Inflation 2024 Philippines. 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 tuesday, august 6. Headline inflation dipped to 4.1% last month, its.

Inflation is expected to average 6.2% in 2023 before easing to 4.0% in 2024, according to the report. The annual inflation rate in the philippines fell to 3.3% in august 2024 from 4.4% in the prior month, pointing to the lowest reading since january.