2024 Inflation Rate Philippines News. November 2024 inflation pegged at 2.2% to 3%. Manila, philippines — the philippines' headline inflation increased to 2.5% in november 2024, up from 2.3% in october 2024, the philippine statistics authority (psa) reported on thursday, december 5.

January’s figure marked the weakest inflation rate since october 2020. Last week, the philippine statistics authority (psa) released two important monthly reports, on the country’s unemployment rate for december 2023, and the inflation rate.