Inflation Rate In 2024 Philippines News. The latest rate is lower than both the 4.4% in july 2024 and the 5.3% in august 2023. In a statement on thursday, the bsp said.

In the prior month, august 2024, inflation was at 3.3%. Inflation rate in philippines averaged 8.00 percent from 1958 until 2024, reaching an all time high of 62.80 percent in september.