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