Inflation Rate Forecast Philippines 2024

Inflation Rate Forecast Philippines 2024

(figure 1, and tables a, b, 5, 6, and 12) This brings the national average inflation from january 2024 to february 2024 at 3.1 percent.


Inflation Rate Forecast Philippines 2024

The us economy started 2024 on a softer note than anticipated as elevated inflation and interest rates continued to weigh on the economy. This marked the highest reading since december 2023, driven by higher prices of housing & utilities (0.9% vs 0.4% in april) and transport (3.5% vs 2.6%).

The Us Economy Started 2024 On A Softer Note Than Anticipated As Elevated Inflation And Interest Rates Continued To Weigh On The Economy.

Inflation rate in philippines is expected to be 7.40 percent by the end of this quarter, according to trading economics global macro models and analysts expectations.

The Philippine Central Bank Has Announced That It Expects The Current Account Deficit To Be Smaller Than Previously Forecast In 2024 And 2025, Due To A Narrowing Trade Gap And Sustained Dollar.

(figure 1, and tables a, b, 5, 6, and 12)

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The Us Economy Started 2024 On A Softer Note Than Anticipated As Elevated Inflation And Interest Rates Continued To Weigh On The Economy.

The country’s inflation rate for the bottom 30% income households slowed down to 3.6 percent in january 2024 from 5.0 percent in december 2023.

Inflation Rates Are Expected To Temper Between 3.2 And 3.6 Percent In 2024 After Ending 2023 At 6.0 Percent, Above The 2.0 To 4.0 Percent Target Range Set By The Government.

(figure 1, and tables a, b, 5, and 14)