Inflation Rate 2024 Philippines

Inflation Rate 2024 Philippines. This brings the national average inflation from january to april 2024 to 3.4 percent. The latest figure is higher than the 3.7% recorded in june 2024, but lower than the 4.7% rate in july 2023, the philippine statistics authority said in a press conference on tuesday, august 6.

The philippines also attracted foreign direct investment (fdi) net inflows of $4 billion from january to may this year, up by 15.8 percent compared to $3.5 billion same time in 2023. The philippines’ headline inflation or overall inflation increased to 4.4 percent in july 2024 from 3.7 percent in june 2024.