Special Releases

Consumer Price Index for all Income Households in Bicol Region: March 2018

PRICE SITUATION: YEAR-ON-YEAR
 
The Bicol Region’s inflation rate in March 2018 went up to 6.4 percent. Compared to
the 4.4 percent inflation rate in the same period last year, the March 2018 rate was higher
by 2.0 percentage points.
The increase was attributed to the Inflation Rate by the Food and Non-Alcoholic
Beverages (from 6.0 percent to 6.6 percent), Alcoholic Beverages and Tobacco (from 30.1
percent to 30.4 percent), Clothing and Footwear (from 5.1 percent to 5.6 percent),

Consumer Price Index for all Income Households in Bicol Region: January 2018

PRICE SITUATION: YEAR-ON-YEAR
 
The Bicol Region’s inflation rate in January 2018 went up to 5.4 percent. Compared
to the 3.1 percent inflation rate in the same period last year, the January 2018 rate was
higher by 2.3 percentage points.
The upsurge was ascribed to the Inflation Rate by the Alcoholic Beverages and
Tobacco (from 6.2 percent to 23.6 percent). Likewise, the increase was also noted in almost
all of the Commodity/Service group; Food and Non-Alcoholic Beverages (from 5.0 percent

Consumer Price Index for all Income Households in Bicol Region: December 2017

PRICE SITUATION: YEAR-ON-YEAR
 
The Bicol Region’s inflation rate in December 2017 went down to 4.0 percent. Compared to the 3.2 percent inflation rate in the same period last year, the December 2017 rate was higher by 0.8 percentage points.
The decrement was mainly attributed to the Inflation Rate by the Food and Non-Alcoholic Beverages group (from 5.8 percent to 5.0 percent).

Consumer Price Index for all Income Households in Bicol Region: July 2017

The Bicol Region’s inflation rate in July 2017 slipped at 5.0 percent. Compared to the 1.0 percent inflation rate in the same period last year, the July 2017 rate was higher by 4.0 percentage points.

The Transport Service group made a great impact on this month’s Inflation Rate situation (0.4 percent from 4.6 percent). Furnishings, Households Equipment and Routine Maintenance of the House group also went down (1.5 percent from 1.7 percent)

Consumer Price Index for all Income Households in Bicol Region: March 2017

The Bicol Region’s inflation rate in March 2017 skyrocketed at 4.4 percent from 3.9 percent in February 2017. Compared to the 0.1 percent inflation rate in the same period last year, the March 2017 rate was higher by 4.3 percentage point.

The sustained upsurge is credited on the following Commodity/Service groups, Housing, Water, Electricity, Gas and Other Fuels (3.3 percent from 1.9 percent), Food and Non-Alcoholic Beverages (6.5 percent from 5.8 percent), Alcoholic Beverages and Tobacco (3.5 percent from 3.3 percent) and Communication (0.5 percent from 0.3 percent)

Transport Commodity/Service group went on a slumped down (-0.5 percent from 2.9 percent) and among other Commodity/Service groups on this trend are Clothing and Footwear (1.5 percent from 1.6 percent), Furnishings, Household Equipment and Routine Maintenance of the House (1.5 percent from 1.7 percent), Health (1.4 percent from 1.5 percent).

Meanwhile, Recreation and Culture went steady at 0.7 percent along with Education and Restaurants and Miscellaneous Goods and Services pegged at 0.5 percent and 2.9 percent respectively.

The Bicol Region’s Inflation Rate went up at 4.4 percent from 3.9 percent. The province of Masbate increased to an all-time high of 4.9 percent and the highest in the Region. Albay, the second highest pegged at 4.7 percent. Camarines Sur followed at 4.6 percent. Camarines Norte and Sorsogon tied at 3.8 percent Inflation Rate for the month, while Catanduanes plunged to 2.2 percent from last month’s 2.6 percent.

Consumer Price Index for all Income Households in Bicol Region: January 2017

The Bicol Region’s inflation rate in January 2017 slightly dipped at 3.1 percent from 3.2 percent in December 2016. Compared to the -0.2 percent inflation rate in the same period last year, the January 2017 rate was higher by 3.0 percentage points.

The slight movement is attributed on the following Commodity/Service groups, Alcoholic Beverages and Tobacco (3.2 percent from 3.3 percent), Clothing footwear (1.5 percent from 1.7 percent), Housing, Water, Electricity, Gas and other Fuels (2.3 percent from 3.3 percent), Health (2.2 percent from 2.6 percent), Recreation and Culture (0.9 percent from 1.1 percent and Restaurants and Miscellaneous Goods and Services (3.2 percent from 3.8 percent).

On the other hand, Commodity/Service Groups that went up are Food and Non-Alcoholic Beverages (3.9 percent from 3.8 percent), Furnishings, Household Equipment and Routine Maintenance of the House (2.6 percent from 2.5 percent) and Communication (0.2 percent from 0.0 percent). Transport and Education Commodity/Service Group maintained its last month’s inflation rate at 1.9 percent and 0.5 percent respectively.

The Bicol Region’s Inflation Rate slightly dished at 3.1 percent from 3.2 percent. The province of Camarines Sur went up at 3.0 percent from 2.6 percent. The highest inflation rate though for Bicol Region is Masbate measured at 3.5 percent but it went down from last month’s Inflation Rate at 4.4 percent. All other Provinces also went down their Inflation rate, Albay at 3.4 percent from 3.7 percent, Camarines Norte at 3.3 percent from 3.6 percent, Catanduanes at 2.1 percent from 2.7 percent and Sorsogon at 2.6 percent from 2.8 percent.

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