Inflation Rate Philippines 2024. 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. Core inflation rate in philippines averaged 3.86 percent from 2001 until 2024, reaching an all time high of 8.00 percent in march of 2023 and a record low of 1.40 percent in september of 2015.
Inflation in areas outside metro manila climbed to 4.1% in april from 3.8% in march. 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.