The headline inflation in Caraga continued its uptrend as it accelerated further to 8.1 percent in January 2023, from 7.4 percent in December 2022 and 4.3 percent in January 2022.
The headline inflation in Caraga increased to 7.4 percent in December 2022, from 7.3 percent in November 2022 and 4.5 percent in December 2021. The average inflation from January to December 2022 was posted at 6.1 percent.
The headline inflation in Caraga increased further to 8.2 percent in September 2022, from 7.5 percent in August 2022 and 3.3 percent in September 2021. This is the highest recorded inflation since January 2019 in the region. Average inflation from January to September 2022 was posted at 5.6 percent.
The headline inflation in Caraga increased further to 6.5 percent in June 2022, from 5.1 percent in May 2022 and 3.5 percent in June 2021. This is the highest recorded inflation since January 2019 in the region. Average inflation for the first half of the year was posted at 4.6 percent.
In May 2021, the Consumer Price Index (CPI) for all items in Caraga region was registered at 128.2 index points. This indicates that the average retail price of commodities that were included in the market basket for all goods and services during the month under review was higher by 28.2 percent compared to its prices in 2012 as reference base year.
In April 2021, the Consumer Price Index (CPI) for all items in Caraga region was registered at 128.2 index points. This indicates that the average retail price of commodities that were included in the market basket for all goods and services during the month under review was higher by 28.2 percent compared to its prices in 2012 as reference base year. This month’s CPI was higher by 5.4 index points than the 122.8 CPI in April 2020.
In March 2021, the Consumer Price Index (CPI) for all items in Caraga region was registered at 128.1 index points. This indicates that the average retail price of commodities that were included in the market basket for all goods and services during the month under review was higher by 28.1 percent compared to its prices in 2012 as reference base year. This month’s CPI was higher by 5.5 index points than the 122.6 CPI in March 2020.
In February 2021, the Consumer Price Index (CPI) for all items in Caraga region was registered at 128.0 index points. This indicates that the average retail price of commodities that were included in the market basket for all goods and services during the month under review was higher by 28.0 percent compared to its prices in 2012 as reference base year. This month's CPI was higher by 5.8 index points than the 122.2 CPI in February 2020.
In December 2020, the Consumer Price Index (CPI) for all items in Caraga region was registered at 123.9. This indicates that the average retail price of commodities that were included in the market basket for all goods and services during the month under review was higher by 23.9 percent compared to its prices in 2012 as reference base year. This month’s CPI was higher by 2.7 index points than the 121.2 CPI in December 2019.
In November 2020, Consumer Price Index (CPI) for all items in Caraga region increased by 2.5 percent from 120.5 in November of last year to 123.5 in November 2020. All of the commodity groups recorded an increment in indices compared last year. Also, CPI for the reference period slightly inclined by 0.1 percent from 123.4 in October 2020. Majority of the commodity groups showed higher index compared with previous month except for Housing, Water, Electricity, Gas and Other Fuels; Transport; Communication; and Restaurants and Miscellaneous Goods and Services commodity groups.
Consumer Price Index (CPI) for all items in Caraga region registered at 123.4 in October 2020 which implies that the price of a basket of goods was 23.4 percent higher in 2012 (base year). Also, CPI (all items) in October 2020 increased by 3.1 percent from 119.7 CPI in October of the previous year. All of the commodity groups recorded an increment in indices compared last year.
Consumer Price Index (CPI) for all items in Caraga registered a higher index of 122.9 in August 2020 from 119.4 in August of the previous year. Only the Education commodity group posted a decrease in index during the month compared last year. Similarly, August 2020 CPI (all items) compared with July 2020 CPI slightly went up to 122.9 from 122.6. Majority of the commodity groups recorded an increase in indices except for Housing, Water, Electricity, Gas and Other Fuels; and Communication commodity groups.
In April 2020, Caraga region’s Consumer Price Index (CPI) for all items increased to 122.9 from 119.5 in April 2019. The increment of 2.8 percent was brought by the increase in prices of all commodity groups except for transport commodities. Likewise, April 2020 CPI for all items compared with CPI March 2020 slightly rose up by 0.2 percent from 122.6 to 122.9. Only the Housing, Water, Electricity, Gas, and Other Fuels; and Transport commodity groups observed an increase in price index.
In January 2020, Caraga’s Consumer Price Index (CPI) for all items went up to 122.1 from 119.0 in January 2019. The increase of 2.6 percent was attributed to the increment in prices of all commodity groups in the region. Similarly, January 2020 CPI (all items) compared with December 2019 CPI rose up by 0.7 percent. Majority of the commodity groups recorded an increase in price index except for Clothing and Footwear; Communication; and Education.
Caraga region’s Consumer Price Index (CPI) for all items went up to 122.2 in February 2020 from 119.1 in February 2019. The increment of 2.6 percent was mainly attributed to the increase in prices of Food and Non-Alcoholic Beverages; and Alcoholic Beverages and Tobacco commodity groups. Likewise, February 2020 CPI (all items) compared with CPI January 2020 slightly increased by 0.1 percent.
Consumer Price Index (CPI) for all items in Caraga region went up to 122.6 in March 2020 from 119.1 in March 2019. The increment of 2.9 percent was attributed to the increase in prices of all commodity groups. Likewise, March 2020 CPI (all items) observed an increasing trend of 122.6 from 122.2 CPI in February 2020. Among the commodity groups, only the Transport group recorded a decrement in price.
Consumer Price Index (CPI) for all items in Caraga consistently went up by 2.8 percent in July 2020 compared with CPI in July of the previous year. The increment in price from 119.3 to 122.6 was attributed by the price increase of all commodity groups in the region. However, CPI (all items) in July 2020 compared with July 2019 CPI dropped to 122.6 from 122.9. The decrement in price was attributed merely by the decrease in price of Food and Non-Alcoholic Beverages commodity groups; and Alcoholic Beverages and Tobacco commodity groups.
Caraga’s Consumer Price Index (CPI) for all items went up to 2.9 percent in June 2020 from 119.4 in June 2019 to 122.9 in the same month of year 2020. The increment in price was attributed by the price increase of all commodity groups in the region. Similarly, CPI (all items) in June 2020 compared with CPI in May 2020 observed an increasing trend from 122.7 to 122.9. Among the commodity groups, only Food and Non-Alcoholic Beverages; and Housing, Water, Electricity, Gas and Other Fuels recorded a dropped in prices.
Consumer Price Index (CPI) for all items in Caraga decreased by almost 0.08 percent in May 2020 compared with last year’s prices for the same month, from 122.8R in 2019 to 122.7 in 2020. An increasing trend was observed for CPI (all items) from April 2020 (119.6) to May 2020 (122.7). However, most of the commodity groups declined in May 2020 compared with last year’s prices of the same month.
Consumer Price Index for all items in Caraga increased by almost 6.11 percent in September 2018 compared with last year’s prices of the same month,
from 112.9 in 2017 to 119.8 in 2018. An increasing trend was also observed for CPI (all items) from August 2018 (118.1) to September 2018 (119.8). Moreover, almost all commodity groups recorded an increase in September 2018 compared with the last year’s prices of the same month.
The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on the nationwide survey of prices for a given basket of goods and services. Two important indicators, the inflation rate and purchasing power of the peso (PPP), are derived from the CPI which are important in monitoring price stability and the value of the country’s currency.
The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on the nationwide survey of prices for a given basket of goods and services. Two important indicators, the inflation rate and purchasing power of the peso (PPP), are derived from the CPI which are important in monitoring price stability and the value of the country’s currency.
The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on the nationwide survey of prices for a given basket of goods and services. Two important indicators, the inflation rate and purchasing power of the peso (PPP), are derived from the CPI which are important in monitoring price stability and the value of the country’s currency.
The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on the nationwide survey of prices for a given basket of goods and services. Two important indicators, the inflation rate and purchasing power of the peso (PPP), are derived from the CPI which are important in monitoring price stability and the value of the country’s currency.
Inflation in NCR advanced 2.7 percent in December.
AONCR, however, retained its November inflation figure of 2.6 percent. Eight regions exhibited higher annual rates during the month. Meanwhile, six regions had slower annual rates with Ilocos Region, CALABARZON and Davao Region maintaining their respective last month’s rates. The highest annual growth remained in Cagayan Valley at 4.9 percent while the lowest was still in CALABARZON at 1.5 percent. (Table 8)
Among the regions in AONCR, the highest annual average inflation in 2016 at 3.2 percent was posted in Central Visayas and Davao Region while CALABARZON had the lowest average annual inflation at 0.9 percent.
