2024 Inflation Rate Philippines Flag. Inflation rate in philippines increased to 2.50 percent in november from 2.30 percent in october of 2024. Inflation rate in philippines is expected to be 2.40 percent by the end of this quarter, according to trading economics global.
The asian development bank (adb) forecasts that inflation in the philippines will average 6.2% in 2023. Manila โ the asian development bank (adb) has cut the inflation outlook for the philippines this year, while maintaining gross domestic product (gdp) growth projection for 2024 and 2025.
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