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||133.80||7.50||0.75||May 2021|
|Bicol Region||134.00||7.90||0.75||April 2021|
|Bicol Region||134.10||8.00||0.75||March 2021|