Inflation Rate Philippines 2024 Neda. As inflation returns to the range deemed manageable and conducive to economic growth, the bangko sentral ng pilipinas (bsp) started its easing cycle and cut the key interest. The uptick is mainly due to a faster food inflation rate of 5.7 percent in march 2024, up from 4.8 percent in february 2024.
Inflation rate in the philippines eased to 3.7 percent in june 2024 from 3.9 percent in may, the philippine statistics authority said friday. As inflation returns to the range deemed manageable and conducive to economic growth, the bangko sentral ng pilipinas (bsp) started its easing cycle and cut the key interest.
