Inflation Rate Forecast Philippines 2024

Inflation Rate Forecast Philippines 2024. The asian development bank has trimmed its inflation forecasts for the philippines for this year and the next, but retained its economic growth outlook for the. The asean+3 macroeconomic research office (amro) forecasts that the philippines will achieve 6.3 percent gdp growth in 2024, higher than vietnam and china.


Inflation Rate Forecast Philippines 2024

On thursday, the bsp raised its average in fl ation forecast for 2023 to 5.6% (from 5.4% previously) and 3.3% (from 2.9%) for 2024, respectively. Adb expects the philippine economy to grow by 6.0% in 2023 and 6.2% in 2024, despite inflation pressures and external risks.

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