Inflation 2024 Philippines. Philippine inflation eased to the slowest in seven months in august and returned to the central bank’s target, increasing policymakers’ scope to sustain the rate. The philippines’ headline inflation or overall inflation eased to 3.3 percent in august 2024 from 4.4 percent in july 2024.
This brings the national average. The latest baseline forecasts show a slightly lower path compared to the previous monetary policy report (mpr).