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 153.80 5.40 0.65 April 2017
Bicol Region 152.30 4.40 0.66 March 2017
Bicol Region 151.70 3.90 0.66 February 2017

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

The Bicol Region’s inflation rate in April 2017 increased at 5.4 percent from 4.4 percent in March 2017. Compared to the -0.1 percent inflation rate in the same period last year, the April 2017 rate was higher by 5.5 percentage point.
The increase is credited on the following Commodity/Service groups, Transport (-0.5 percent to 6.3 percent), Food and Non-Alcoholic Beverages (6.5 percent to 8.0 percent), Alcoholic Beverages and Tobacco (3.5 percent to 3.9 percent), Clothing and Footwear (1.5 percent to 1.6 percent), Furnishings, Household Equipment and Routine maintenance of the House (1.5 percent to 1.7 percent), Communication (0.5 percent to 0.6 percent).
On the downside trend for the month, the Commodity Group/Service Group which suffered decline are Housing, Water, Electricity, Gas and Other Fuels (3.3 percent to 2.7 percent), Health (1.4 percent to 1.3 percent), Recreation and Culture (0.7 percent to 0.5 percent) and Restaurants and Miscellaneous Goods and Services (2.9 percent to 2.6 percent)
The only Service Group that did not move is Education pegged still at 0.5 percent.
The Bicol Region’s Inflation Rate increased at 5.4 percent from 4.4 percent. Camarines Sur went up at 6.4 and the highest in the Region. The province of Masbate continued to increase to 5.6 percent, same increasing trend with all the remaining provinces, Albay reached to 5.2, Camarines Norte at 4.7, Sorsogon at 4.4 and Catanduanes at 3.2.