Inflation Rate 2024 Philippines Airlines. Inflation continues to hit lower socioeconomic classes the hardest, with the inflation rate for the bottom 30% income households reaching 5.8% — the highest in 2024. As the asian development bank predicts a 6.2% average inflation rate in 2023,.

The philippine statistics authority reported today, september 5, that august 2024 inflation has further slowed to 3.3 percent, down from 4.4 percent in july 2024. In its asian development outlook (ado) december 2024 report released wednesday, adb revised to 3.3 percent its inflation rate forecast for the philippines this year,.