Inflation Rate Philippines July 2024. Philippines inflation rate for 2023 was 5.98%, a 0.16% increase from 2022. Inflation rate (ir) in eastern samar accelerated to 3.3 percent in july 2024 from 3.0 percent in june 2024.

The latest figure is higher than the 3.7% recorded in june 2024, but lower than the 4.7% rate in july 2023, the philippine statistics authority said in a press conference on tuesday, august 6. Philippines inflation rate for 2022 was 5.82% , a 1.89% increase from 2021.