Inflation Rate Philippines 2024 Monthly. The philippines’ headline inflation or overall inflation eased to 3.3 percent in august 2024 from 4.4 percent in july 2024. In january 2024, region ii (cagayan valley), for the fourth consecutive month, and region i (ilocos region) registered the lowest inflation rate at 1.5 percent, while region xi (davao region) had the highest inflation rate of 4.4 percent.

Inflation is projected to average at 3.6 percent for 2024, slightly lower by 0.1. Historical inflation rates for philippines.