Inflation Rate Philippines 2024 Neda. The philippines’ headline inflation or overall inflation increased to 3.7 percent in march 2024 from 3.4 percent in february 2024. This brings the national average inflation from.
The uptick is mainly due to a faster food inflation rate of 5.7 percent in march 2024, up from 4.8 percent in february 2024. The national economic and development authority (neda) said the inflation slowdown was due to the easing of energy and transport costs.