Inflation Rate Philippines May 2024. Philippines inflation rate for 2021 was 3.93% , a 1.53% increase from 2020. This brings the national average inflation from january to april 2024 to 3.4 percent.
The philippines’ headline inflation or overall inflation increased to 3.9 percent in may 2024 from 3.8 percent in april 2024. The national economic and development authority (neda) said the inflation slowdown was due to the easing of energy and transport costs.
Inflation Rate Philippines May 2024 Images References :
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