Inflation Rate 2024 Philippines Graph. The philippines’ headline inflation increased to 8.1 percent in december 2022, from 8.0 percent in november 2022. This is the lowest inflation rate since the 1.6 percent inflation rate recorded in may 2020.
Inflation was at 1.9 per cent in september, the slowest in more than four years. Core consumer prices in philippines increased 2.40 percent in september of 2024 over the same month in the previous year.
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