Inflation Rate Philippines July 2024. The inflation rate projection is higher. Philippines inflation rate for 2022 was 5.82%, a 1.89% increase from 2021.
The philippines’ headline inflation or overall inflation eased to 3.7 percent in june 2024 from 3.9 percent in may 2024. Inflation rate increased in july after a slowdown in june amid faster rise in utilities, food, and transportation costs during the period, according to the philippine.