2024 Inflation Rate Philippines Forecast. By commodity, rice is the top contributor to the overall inflation rate in october 2024, as it increases to 9.6%. Inflation had decelerated to 1.9% in september, the.


2024 Inflation Rate Philippines Forecast

Core inflation, which strips out volatile food and energy prices, was steady at 2.4%. Economists surveyed by the bangko sentral ng pilipinas (bsp) expect inflation to fall within the target range in 2024 at four percent average versus the estimated 6.1 percent.

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