2024 Inflation Rate Philippines. The philippines’ headline inflation or overall inflation increased to 3.4 percent in february 2024 from 2.8 percent in january 2024. The uptick is mainly due to a faster food inflation rate of 5.7 percent in march 2024, up from 4.8 percent in february 2024.
Economists surveyed by the bangko sentral ng pilipinas (bsp) expect inflation to fall within the target range in 2024 at four percent average versus the. The philippines’ headline inflation or overall inflation increased to 3.4 percent in february 2024 from 2.8 percent in january 2024.
Philippines Inflation Rate For 2021 Was 3.93% , A 1.53% Increase From 2020.
In january 2024, region ii (cagayan valley), for the fourth consecutive month, and region i (ilocos region) registered the lowest inflation rate at 1.5 percent, while region xi.
This Brings The National Average.
February 7, 2024 | 12:03 am.
Inflation Rates In The Philippines.
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This Increase Was Influenced By Rice.
The annual inflation rate in the philippines edged up to 3.9% in may 2024 from 3.8% in the previous month, coming less than market estimates of 4%.
International Monetary Fund, International Financial Statistics And Data Files.
Meanwhile, inflation in the national capital region eased to 2.8% from 3.3%.
Philippines Inflation Rate For 2021 Was 3.93% , A 1.53% Increase From 2020.
