Inflation Projection 2024 Philippines. In a statement on thursday, the bsp said headline inflation will likely settle within. The philippines’ headline inflation or overall inflation eased to 3.7 percent in june 2024 from 3.9 percent in may 2024.

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. Economists surveyed by the bangko sentral ng pilipinas (bsp) expect inflation to fall within the target range in 2024 at four percent average versus the estimated 6.1 percent.