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Infographics for February 2024 CPI
Release Date:
Reference Number: 2024-004
Headline InflationBicol Region’s headline inflation or overall inflation further decelerated to 2.9 percent in February 2024. This brings the regional average inflation from January 2024 to February 2024 at 3.0 percent. In February 2023, inflation rate was higher at 8.8 percent.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in February 2024 was primarily influenced by the faster annual decrease of housing, water, electricity, gas and other… Read more...



01 Infographics on January 2024 CPI
Release Date:
Reference Number: 2024-003
Headline InflationBicol Region's headline inflation or overall inflation decelerated to 3 . 1 percent in January 2024. This is the lowest inflation rate since the 2.8 percent inflation rate recorded in February 2022. Inflation rate was recorded at 4.9 percent in December 2023, while it was 8.3 percent in January 2023.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in January 2024 was primarily brought about by the slower annual increment of… Read more...



Infographics on December 2023 CPI
Release Date:
Reference Number: 2024-001
Headline InflationBicol Region's headline inflation or overall inflation accelerated to 4.9 percent in December 2023 from 4.5 percent in November 2023. This brings the regional average inflation from January to December 2023 at 5.9 percent. In December 2022, inflation rate was higher at 7.2 percent.  Main Drivers to the Upward Trend of the Headline InflationThe uptrend in the overall inflation in December 2023 was primarily brought about by the higher year-on-year growth rate of Housing, Water… Read more...



Infographics on November 2023 CPI
Release Date:
Reference Number: 2023-028
Headline InflationBicol Region's headline inflation or overall inflation slowed down further to 4.5 percent in November 2023 from 4.7 percent in October 2023. This brings the regional average inflation from January to November 2023 at 6.0 percent. In November 2022, inflation rate was higher at 7.5 percent.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in November 2023 was primarily brought about by the lower year-on-year growth rate of Housing… Read more...



Consumer Price Index for All Income Households in Region V - October 2023 (2018=100)
Release Date:
Reference Number: 2023-027
Bicol Region’s headline inflation or overall inflation eased to 4.7 percent in October 2023 from 5.6 percent in September 2023. This makes the regional average inflation from January to October 2023 at 6.1 percent. In October 2022, inflation rate was higher at 7.2 percent.The downtrend in the overall inflation in October 2023 was primarily brought about by the slower year-on-year increase in the heavily-weighted food and non-alcoholic beverages at 8.0 percent in October 2023 from 10.3 percent… Read more...