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||121.10||6.30||0.83||September 2022|
|Bicol Region||119.80||5.60||0.83||August 2022|
|Bicol Region||118.70||5.00||0.84||July 2022|