In 2024, the average inflation rate of all commodities in the Philippines amounted to 3.2 percent, about 50 percent less from the previous year. Since 2019, the highest inflation rate in the country was recorded in January 2023.
Average inflation rates of all commodities in the Philippines from 2018 to 2024
Characteristic
Inflation rate
2024
3.2%
2023
6%
2022
5.8%
2021
3.9%
2020
2.4%
2019
2.4%
2018
5.2%
0%1%2%3%4%5%6%7%
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PSA (Philippines). (January 7, 2025). Average inflation rates of all commodities in the Philippines from 2018 to 2024 [Graph]. In Statista. Retrieved April 28, 2025, from https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/
PSA (Philippines). "Average inflation rates of all commodities in the Philippines from 2018 to 2024." Chart. January 7, 2025. Statista. Accessed April 28, 2025. https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/
PSA (Philippines). (2025). Average inflation rates of all commodities in the Philippines from 2018 to 2024. Statista. Statista Inc.. Accessed: April 28, 2025. https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/
PSA (Philippines). "Average Inflation Rates of All Commodities in The Philippines from 2018 to 2024." Statista, Statista Inc., 7 Jan 2025, https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/
PSA (Philippines), Average inflation rates of all commodities in the Philippines from 2018 to 2024 Statista, https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/ (last visited April 28, 2025)
Average inflation rates of all commodities in the Philippines from 2018 to 2024 [Graph], PSA (Philippines), January 7, 2025. [Online]. Available: https://www.statista.com/statistics/1314751/philippines-average-inflation-rate-of-all-commodities/
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