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Among the provinces, llocos Sur posted the highest inflation rate at 3.8 percent in October 2024, followed by La Union at 2.2 percent. Meanwhile, Pangasinan and llocos Norte recorded inflation rate of 1.6 percent and 0.6 percent, respectively.
The Philippine Statistics Authority generates and announces the monthly Consumer Price Index (CPI) based on a nationwide survey of prices for a given basket of goods and services.
Philippine Statistics Authority
The Consumer Price Index (CPI) for all income household in Abra for October 2024 is 125.8. This implies that a household in Abra needs 25.80 pesos more to purchase the same basket of goods worth 100 pesos in 2018. This month’s CPI for all items is 3.5 higher than last year’s index.
Consumer Price Index (CPI) – The CPI is an indicator of the changes in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year. Used of CPI – CPI is most widely used in the calculation of the inflation rate and purchasing power of peso.
Consumer Price Index in NCR advances to 116.1 percent The CPI in NCR advanced to 116.1 percent in November 2022 with 0.8 percentage points increase from its 115.3 percent level in the previous month.
Overall Inflation. Zamboanga del Sur’s inflation for the bottom 30% income households further decreased to 1.5 percent in October 2024 from 2.2 percent in September 2024. In October 2023, inflation rate was posted at 6.4 percent. (Tables A and B, and Figure 1)
Consumer Price Index for All Income Households in Region V September 2024 (2018=100) Release Date: Tuesday, October 8, 2024
Consumer Price Index in NCR increases to 116.6 percent. The CPI in NCR grew by 0.5 percentage point to reach 116.6 percent this December 2022 from 116.1 percent in November 2022. On yearly basis, the CPI increased by 8.2 percentage points during the month from 108.4 percent in December 2021.