Inflation Rate 2024 Philippines March. In its latest inflation outlook, bsp said inflation could settle within the range of 3.4 to 4.2 percent in march 2024. Core consumer prices in philippines increased 2.40 percent in october of 2024 over the same month in the previous year.
The 3.7% rate reported by the philippine statistics authority on friday, april 5, is higher than february’s 3.4%, but lower than the 7.6% recorded in march 2023. Inflation in the national capital region (ncr) moved at a faster pace at 3.3 percent in march 2024 from 3.2 percent in the previous month.