2024 Inflation Rate Philippines Forecast. Inflation rate in philippines is expected to be 3.90 percent by the end of this quarter, according to trading economics global macro models and analysts expectations. The latest value from 2028 is 3 percent, unchanged from 3 percent in 2027.

2024 growth revised down but more upbeat for 2025. Household final consumption expenditure grew by 4.6% in the second quarter, slowing from 5.5% a year ago.