Inflation rate of all commodities Philippines 2018-2024, by month
As of December 2023, the inflation rate for all commodities in the Philippines amounted to 3.9 percent, reflecting a gradual decline from the beginning of the year, which peaked at 8.7 percent. The inflation rate in the Philippines has significantly increased during the second half of 2022, from 3 percent in January to 8.1 percent by December.