The january inflation rate was the lowest since october 2020 when inflation was at 2.3. Cpi (2018=100) the philippines’ headline inflation or overall inflation increased to 3.4 percent in february 2024 from 2.8 percent in january 2024.
Inflation rate in philippines increased to 3.90 percent in may from 3.80 percent in april of 2024. This brings the regional average inflation from january 2024 to may 2024.
The Philippines’ Headline Inflation Or Overall Inflation Slowed Down Further To 2.8 Percent In January 2024.
The inflation rate in ncr continued to drop by reaching 2.8 percent in january 2024, down from 3.5 percent in december and 4.2 percent in november 2023.
Inflation Rate In Philippines Increased To 3.90 Percent In May From 3.80 Percent In April Of 2024.
The philippines’ headline inflation or overall inflation increased to 3.9 percent in may 2024 from 3.8 percent in april 2024.
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Bicol Region Retained Its Headline Inflation Or Overall Inflation At 3.7 Percent In May 2024.
In april 2023, inflation rate was higher at 6.6 percent.
This Brings The National Average Inflation From January To May 2024 To 3.5 Percent.
The federal philippines central bank has adjusted its inflation forecasts for 2024, now projecting a rate of 3.9%, down from earlier expectations.