Inflation Rate Philippines 2024 Psa. Cebu city, philippines — from 3.0 percent in august, the inflation rate in the province of cebu for september this year has dropped to 0.7 percent, philippine statistics. This brings the national average inflation from january to june 2024 to 3.5 percent.

Philippines inflation rate for 2022 was 5.82%, a 1.89% increase from 2021. The country’s inflation rate for the bottom 30% income households increased to 5.5 percent in june 2024 from 5.3 percent in may 2024.