Cola Increase 2024 Inflation Rate

Cola Increase 2024 Inflation Rate. As a result, benefits will rise by 3.2 percent starting in 2024. The philippines’ headline inflation or overall inflation increased to 4.4 percent in july 2024 from 3.7 percent in june 2024.


Cola Increase 2024 Inflation Rate

Effective july 1, 2024, the cola rate is 2.00% for those with a retirement date on or before july 1, 2023. This was the first time since may 2020 that the monthly rate showed a decrease.

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