Inflation Rate Philippines May 2024. The annual inflation rate in the philippines edged up to 3.9% in may 2024 from 3.8% in the previous month, coming less than market estimates of 4%. Federal reserve officials held off on cutting interest.
Inflation is in focus as fed moves toward rate cuts. The philippines’ headline inflation or overall inflation increased to 4.4 percent in july 2024 from 3.7 percent in june 2024.