Debi Mollie

Inflation Rate 2024 Philippines March. The bangko sentral ng pilipinas says on monday (april 1, 2024) that price increases in rice, meat, and oil likely caused upward price pressures in march. The component for rice, a staple in the philippines, hit 24.4% in march, its steepest increase since 24.6% in february 2009.

The component for rice, a staple in the philippines, hit 24.4% in march, its steepest increase since 24.6% in february 2009. In september 2023, the inflation rate was higher at 6.1 percent.