Inflation Rate Philippines July 2024

Inflation Rate Philippines July 2024. The philippines’ headline inflation or overall inflation increased to 4.4 percent in july 2024 from 3.7 percent in june 2024. The inflation rate in august 2024 was recorded at 3.3 percent.

Inflation in july accelerated to 4.4 percent, its highest level this year, from 3.7 percent in june, due mainly to faster increases in utility and food costs, according to the. In september 2023, the inflation rate was higher at 6.1 percent.