2024 Inflation Rate Philippines. The philippines’ headline inflation or overall inflation increased to 3.7 percent in march 2024 from 3.4 percent in february 2024. The january inflation rate was the lowest since october 2020 when inflation was at 2.3.
The adb kept its growth outlook on the philippines for this year and next despite the support that consumption can get from softer inflation. In its asian development outlook (ado) september 2024 report released on wednesday, the adb maintained its growth forecast for the philippine economy at 6.