Inflation Rate Philippines 2024 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. 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.
The bsp expects inflation to peak in july and begin falling. The bsp may keep its key policy rate unchanged for longer amid the.