Inflation Rate Philippines May 2024. Manila, philippines — muling tumaas ang inflation rate nitong pebrero 2024 primarya dahil sa bilis ng pagtaas ng presyo ng bilihin, ayon sa pinakahuling ulat ng philippine statistics authority. (figure 1, and tables a, b, 5, and 14)
The philippines’ headline inflation or overall inflation increased to 3.4 percent in february 2024 from 2.8 percent in january 2024. Likewise, the faster growth rate of housing, water, electricity, gas and other fuels index at 1.9% in may from 1.4% in the previous month also contributed to.
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