Inflation Rate Philippines May 2024. Inflation in metro manila went up to 3.1% from 2.8%, due to upticks in prices of meat, cereals, and fish. The philippines’ headline inflation or overall inflation increased to 3.9 percent in may 2024 from 3.8 percent in april 2024.
Inflation in metro manila went up to 3.1% from 2.8%, due to upticks in prices of meat, cereals, and fish. Philippine annual inflation quickened for a fourth straight month in may due largely to the faster pace of increases in housing, utility and transport costs, the statistics.