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||123.90||3.30||0.81||December 2019|
|Bicol Region||122.60||1.50||0.82||November 2019|
|Bicol Region||122.10||0.70||0.82||October 2019|