June 2024 Inflation Rate Philippines. June’s result marked the lowest inflation rate since march. The inflation rate fell to 3.7% in june 2024 from 3.9% in may and is significantly lower than the median estimate of 3.9% by private sector analysts for the month.
Based on the central bank’s survey of external forecasters for october, mean inflation forecasts for 2024 and 2026 were unchanged at 3.4 and 3.2 percent, respectively,. Inflation in the philippines halted four consecutive months of acceleration in june, further building the case for the central bank to start its pivot to monetary policy easing as early as.
