The Consumer Price Index (All items) of 123.1 suggested an increase in the average retail prices of commodities by 23.1% compared to the base year (2018). The value is much higher by 6.3% compared to CPI in May 2021 at 115.8 and higher by 0.9% over April 2022 (122.0).
Table 2. Consumer Price Index, Dinagat Islands: May 2022 and 2021 and April 2022 and 2021
Meanwhile, clothing and footwear, education services, restaurants and accomodation services and financial services showed no movement in the inflation rate for this month over last month.
Purchasing Power of Peso valued at 84 centavos