Inflation Rate Philippines May 2024. “inflation may have reached its lowest point this year, with a potential rebound expected in the final three months of 2024 as favorable base effects fade,” the bpi said. Philippine inflation rate inflation rises further to 3.9% in may 2024.

The country’s inflation rate for the bottom 30% income households retained its previous month’s rate of 5.3 percent in may 2024. Special release on summary inflation report: