2024 Inflation Rate Philippines Forecast. The inflation rate projection is higher than last. The latest value from 2028 is 3 percent, unchanged from 3 percent in 2027.

The amro also forecast that inflation for 2024 will settle at 3.6 percent, falling within the government’s target of 2 percent to 4 percent. Khor said “it would be good for the philippines” to be in tune with the united states.