The Bicol Region’s inflation rate in June 2020 accelerated to 4.3 percent from

2.9 percent in the previous month. Inflation in June a year ago was slightly lower at

3.0 percent.

The step up in inflation in June 2020 was attributed to the Inflation Rates of the

following Commodity/Service groups: Alcoholic Beverages and Tobacco (32.5 percent from

31.3 percent), Transport (23.3 percent from -6.0 percent), Recreation and Culture

The Bicol Region’s inflation rate in April 2020 decelerated further to 3.1 percent from 3.2 percent in the previous month. Inflation in April a year ago was slightly higher at 3.3 percent.

PRICE SITUATION: YEAR-ON-YEAR
 

The Bicol Region’s inflation rate in February 2020 slowed down to 3.6 percent.

Compared to the 5.1 percent inflation rate in the same period last year, the February 2020

rate was lower by 1.5 percentage points.

The decrease this month compared to the 3.9 percent inflation rate last month was

attributed to the Inflation Rates of the following Commodity/Service groups: Food and

Non-Alcoholic Beverages (1.3 percent from 1.9 percent), Alcoholic Beverages and Tobacco

 

The Bicol Region’s inflation rate in December 2019 accelerated to 3.3 percent.

Compared to the 7.0 percent inflation rate in the same period last year, the December 2019

rate was lower by 3.7 percentage points.

The increase this month compared to the 1.5 percent inflation rate last month was

attributed to the Inflation Rates of the following Commodity/Service groups: Food and Non-

 

The Bicol Region’s inflation rate in October 2019 slightly accelerated to 0.7 percent.

Compared to the 9.9 percent inflation rate in the same period last year, the October 2019

rate was lower by 9.2 percentage points.

The movement was attributed to the Inflation Rates of most of the

Commodity/Service groups: Furnishings, Household Equipment and Routine Maintenance

of the House (from 5.3 percent to 4.5 percent), Health (from 3.9 percent to 2.9 percent),