Consumer Price Index for all Income Households in Bicol Region: February 2019

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Wednesday, March 6, 2019

On a Month-on-month bases, the general prices of consumer items went down by 0.2 percent. The decrease was observed on Food and Non-Alcoholic Beverages (from 0.4 percent to 0.2 percent) and Health (from 0.2 percent to -0.5 percent). On the other hand, prices went up on the following Commodity/Service Groups: Alcoholic Beverages and Tobacco (from 2.0 percent to 4.1 percent), Clothing and Footwear (from 0.3 percent to 0.5 percent), Housing, Water, Electricity, Gas and Other Fuels (from -0.2 percent to 0.2 percent), Transport (from -0.1 percent to 0.8 percent), Communication (from 0.0 percent to 0.1 percent), Recreation and Culture (from 0.0 percent to 0.1 percent), and Restaurants and Miscellaneous Goods and Services (from 0.4 percent to 0.7 percent). Furnishings, Household Equipment and Routine Maintenance of the House, and Education remained at 0.2 percent and 0.0 percent, respectively. With all the observed price changes in CPI, the Purchasing Power of Peso in Bicol remained at 0.83. Albay stood at 0.84, Camarines Norte at 0.80, Camarines Sur at 0.81, Catanduanes at 0.85, Masbate at 0.82, and Sorsogon at 0.88.