2024 Inflation Rate Philippines Forecast

2024 Inflation Rate Philippines Forecast. The amro also forecast that inflation for 2024 will settle at 3.6 percent, falling. Local food supply constraints and rising global commodity prices led to.


2024 Inflation Rate Philippines Forecast

While inflation rates may fall—predicted to reach 4 percent in 2024—commodity prices may still remain elevated in the near term, a top concern for filipinos. The philippine central bank last month reduced its benchmark interest rate by 25 basis points for the second time this year to 6% as slowing inflation gave it room for further easing.

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