Inflation Rate 2024 Philippines. While inflation rates may fall—predicted to reach 4 percent in 2024—commodity prices may still remain elevated in the near term, a top concern for filipinos. This is the highest inflation rate.

The philippines’ headline inflation or overall inflation increased to 3.7 percent in march 2024 from 3.4 percent in february 2024. This was the highest inflation rate since october 2023, driven by.