Inflation Rate Philippines 2024. In september 2024, the philippines' inflation rate dropped significantly to 1.9%, its lowest point since may 2020, according to data from the philippine statistics authority (psa). The consumer price index for philippines is 127 for the month of november 2024.
The inflation rate year over year is 2.5% (compared to 2.3% for the previous month). Philippines inflation rate for 2021 was 3.93% , a 1.53% increase from 2020.