Inflation Rate Philippines 2024 Psa. 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 (ir) in eastern samar eased to 2.7 percent in august 2024 from 3.3 percent in july 2024.
Earlier this month, the philippine statistics authority (psa) said headline inflation was at 2.3 percent in october. Manila, philippines โ private sector economists expect inflation to remain stable over the next three years, with the rate expected to stay within the two to four percent target.