The CPI is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year, it is most widely used in the calculation of the inflation rate and purchasing power of the peso. It is a major statistical series used for economic analysis and as a monitoring indicator of government economic policy.
|Region||CPI||Inflation Rate||Purchasing Power of Peso||Month|
|Bicol Region||126.10||4.20||0.79||July 2020|
|Bicol Region||126.10||4.30||0.79||June 2020|
|Bicol Region||124.40||2.90||0.80||May 2020|