Inflation Rate Philippines July 2024. Inflation quickened to 4.4 percent in july, which was the fastest clip in the year, the philippine statistics authority reported on tuesday. Inflation rate in the philippines eased to 3.7 percent in june 2024 from 3.9 percent in may, the philippine statistics authority said friday.

The philippines’ headline inflation or overall inflation increased to 4.4 percent in july 2024 from 3.7 percent in june 2024. Inflation rate increased in july after a slowdown in june amid faster rise in utilities, food, and transportation costs during the period, according to the philippine statistics authority (psa) on tuesday.