CPI 2020

Consumer Price Index for all Income Households in Bicol Region: July 2021

PRICE SITUATION: YEAR-ON-YEAR

 

The Bicol Region’s inflation rate in July 2021 slightly accelerated to 6.5% from 6.3% in the previous month. Inflation in July a year ago was lower at 4.2%.

The increase in inflation in July 2021 was attributed to the Inflation Rates of these Commodity/Service groups: Food and Non-Alcoholic Beverages (6.6% from 6.1%), Clothing and Footwear (4.8% from 4.6%), and Housing, Water, Electricity, Gas and Other Fuels (5.4% from 4.1%)

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