2024 Inflation Rate Philippines Forecast. Economists surveyed by the bangko sentral ng pilipinas (bsp) expect inflation to fall within the target range in 2024 at four percent average versus the estimated 6.1 percent consumer price index (cpi) by the end of this year. Inflation has been within the bank’s 3% to 6% target.

21 “imf raises philippine growth forecast,” july 26, 2023; Meanwhile, uk gdp grew +0.6% in q2 2024, the fastest pace in the g7.