Inflation Rate Philippines January 2024. This is the lowest inflation rate since the 2.3 percent inflation rate recorded in october 2020. The inflation rate in ncr continued to drop by reaching 2.8 percent in january 2024, down from 3.5 percent in december and 4.2 percent in november 2023.
The country’s inflation rate for the bottom 30% income households slowed down to 3.6 percent in january 2024 from 5.0 percent in december 2023. In january 2023, inflation rate was posted at 9.7 percent.
The Philippines’ Headline Inflation Or Overall Inflation Increased To 3.4 Percent In February 2024 From 2.8 Percent In January 2024.
The headline inflation in camarines sur increased to 3.7 percent in march 2024 from 3.4 percent recorded in february 2024.
Philippines Inflation Rate For 2021 Was 3.93% , A 1.53% Increase From 2020.
Core inflation also moderated, slipping to 3.8%yoy and settling within target for the first time since july 2022.
The Growth Forecast Is Based On The Expectation That.
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The Inflation Rate In Ncr Continued To Drop By Reaching 2.8 Percent In January 2024, Down From 3.5 Percent In December And 4.2 Percent In November 2023.
Annual average inflation fell to 5.5% in january (december:
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The philippines’ headline inflation or overall inflation increased to 3.9 percent in may 2024 from 3.8 percent in april 2024.