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 | 127.10 | 4.10 | 0.79 | November 2020 |
Bicol Region | 127.10 | 4.10 | 0.79 | October 2020 |
Bicol Region | 126.90 | 4.50 | 0.79 | September 2020 |