Inflation Rate Philippines 2024 Latest. The philippines’ headline inflation or overall inflation increased to 3.7 percent in march 2024 from 3.4 percent in february 2024. Download economic outlook the latest baseline forecasts show a slightly lower path compared to the previous monetary policy report (mpr).
The inflation rate year over year is 1.9% (compared to 3.3% for the previous month). Consumer price index cpi in philippines averaged 43.52 points from 1957 until 2024, reaching an all time high of 126.60 points in august of 2024 and a record low of 1.00 points in february.