2024 Inflation Rate Philippines News. The philippine central bank said its monetary settings will remain “sufficiently tight” as rice inflation accelerated to the fastest pace in nearly 15 years, bucking the slowdown in. Headline inflation dipped to 4.1% last month, its lowest in 20.
Inflation continues to hit lower socioeconomic classes the hardest, with the inflation rate for the bottom 30% income households reaching 5.8% — the highest in 2024. The philippine central bank said its monetary settings will remain “sufficiently tight” as rice inflation accelerated to the fastest pace in nearly 15 years, bucking the slowdown in.