Weekly and bi-monthly survey on the changes in the prices of commodities consumed and services availed of by an ordinary Filipino household; serves as bases in the computation of consumer price index (CPI) and inflation rate.
Region CPI Inflation Rate Purchasing Power of Peso Month
Bicol Region 154.00 5.00 0.65 July 2017
Bicol Region 154.30 5.10 0.65 June 2017
Bicol Region 153.80 5.10 0.65 May 2017

Consumer Price Index for all Income Households in Bicol Region: July 2017

The Bicol Region’s inflation rate in July 2017 slipped at 5.0 percent. Compared to the 1.0 percent inflation rate in the same period last year, the July 2017 rate was higher by 4.0 percentage points.

The Transport Service group made a great impact on this month’s Inflation Rate situation (0.4 percent from 4.6 percent). Furnishings, Households Equipment and Routine Maintenance of the House group also went down (1.5 percent from 1.7 percent)