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||135.30||7.40||0.74||August 2021|
|Bicol Region||134.30||6.50||0.74||July 2021|
|Bicol Region||134.10||6.30||0.75||June 2021|