2024 Inflation Rate Philippines Graph. This brings the national average inflation from january to april 2024 to 3.4. The philippines’ headline inflation or overall inflation eased to 3.3 percent in august 2024 from 4.4 percent in july 2024.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may. This brings the national average inflation from january to august 2024 to 3.6 percent.