Headline InflationThe region’s headline inflation or overall inflation slowed down to 3.2 percent in November 2024 from 3.6 percent in October 2024. This brings the regional average inflation rate from January to November 2024 to 3.6 percent. In November 2023, the inflation rate was higher at 4.5 percent. Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in November 2024 was primarily influenced by the slower annual increment in the index of… Read more...

 Headline Inflation  The region’s headline inflation or overall inflation increased to 3.6 percent in October 2024 from 2.8 percent in September 2024. This brings the national average inflation rate from January to October 2024 to 3.7 percent. In October 2023, the inflation rate was higher at 4.7 percent. Main Drivers to the Upward Trend of the Headline Inflation  The uptrend in the overall inflation in October 2024 was primarily influenced by the faster annual increment in the heavily-weighted… Read more...

 Headline Inflation  The region’s headline inflation or overall inflation slowed down further to 2.8 percent in September 2024. This is the lowest inflation rate since the 2.7 percent inflation rate recorded in January 2022. The inflation rate in August 2024 was recorded at 4.2 percent. This brings the regional average inflation from January to September 2024 to 3.7 percent. In September 2023, the inflation rate was higher at 5.6 percent.     Main Drivers to the Downward Trend of the Headline… Read more...

Headline Inflation The region’s headline inflation or overall inflation eased to 4.2 percent in August 2024 from 4.4 percent in July 2024. This brings the regional average inflation from January to August 2024 to 3.8 percent. In August 2023, the inflation rate was recorded at 4.4 percent.   Main Drivers to the Downward Trend of the Headline Inflation The downtrend in the overall inflation in August 2024 was primarily brought about by the slower annual increment of food and non-alcoholic… Read more...

 Headline InflationThe region’s headline inflation or overall inflation decelerated to 4.4 percent in July 2024 from 4.6 percent in June 2024. This brings the regional average inflation from January to July 2024 to 3.7 percent. In July 2023, inflation rate was higher at 4.6 percent.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in July 2024 was primarily influenced by the decrease in the index of housing, water, electricity, gas and other… Read more...

 Headline InflationThe region’s headline inflation or overall inflation accelerated to 4.6 percent in June 2024 from 3.7 percent in May 2024. This brings the regional average inflation from January to June 2024 to 3.6 percent. In June 2023, inflation rate was higher at 5.3 percent.Main Drivers to the Upward Trend of the Headline InflationThe uptrend in the overall inflation in June 2024 was primarily influenced by the faster annual increment of housing, water, electricity, gas and other fuels… Read more...

 Headline InflationBicol Region retained its headline inflation or overall inflation at 3.7 percent in May 2024. This brings the regional average inflation from January 2024 to May 2024 at 3.4 percent. In May 2023, inflation rate was higher at 6.0 percent.Main Contributors to the Headline InflationThe top three commodity groups contributing to the May 2024 overall inflation were the following:a. Food and non-alcoholic beverages with 76.5 percent share and 2.83 percentage points;b. Transport… Read more...

Headline InflationBicol Region retained its headline inflation or overall inflation at 3.7 percent in April 2024. This brings the regional average inflation from January 2024 to April 2024 at 3.4 percent. In April 2023, inflation rate was higher at 6.8 percent.Main Contributors to the Headline InflationThe top three commodity groups contributing to the April 2024 overall inflation were the following:     a. Food and non-alcoholic beverages with 88.1 percent share and 3.26 percentage points… Read more...

 Headline InflationBicol Region’s headline inflation or overall inflation increased to 3.7 percent in March 2024 from 2.9 percent in February 2024. This brings the regional average inflation from January 2024 to March 2024 at 3.2 percent. In March 2023, inflation rate was higher at 7.1 percent.Main Drivers to the Upward Trend of the Headline InflationThe uptrend in the overall inflation in March 2024 was primarily influenced by the higher year-on-year increase in the heavily-weighted food and… Read more...

Headline InflationBicol Region’s headline inflation or overall inflation further decelerated to 2.9 percent in February 2024. This brings the regional average inflation from January 2024 to February 2024 at 3.0 percent. In February 2023, inflation rate was higher at 8.8 percent.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in February 2024 was primarily influenced by the faster annual decrease of housing, water, electricity, gas and other… Read more...

Headline InflationBicol Region's headline inflation or overall inflation decelerated to 3 . 1 percent in January 2024. This is the lowest inflation rate since the 2.8 percent inflation rate recorded in February 2022. Inflation rate was recorded at 4.9 percent in December 2023, while it was 8.3 percent in January 2023.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in January 2024 was primarily brought about by the slower annual increment of… Read more...

Headline InflationBicol Region's headline inflation or overall inflation slowed down further to 4.5 percent in November 2023 from 4.7 percent in October 2023. This brings the regional average inflation from January to November 2023 at 6.0 percent. In November 2022, inflation rate was higher at 7.5 percent.Main Drivers to the Downward Trend of the Headline InflationThe downtrend in the overall inflation in November 2023 was primarily brought about by the lower year-on-year growth rate of Housing… Read more...

Bicol Region’s headline inflation or overall inflation eased to 4.7 percent in October 2023 from 5.6 percent in September 2023. This makes the regional average inflation from January to October 2023 at 6.1 percent. In October 2022, inflation rate was higher at 7.2 percent.The downtrend in the overall inflation in October 2023 was primarily brought about by the slower year-on-year increase in the heavily-weighted food and non-alcoholic beverages at 8.0 percent in October 2023 from 10.3 percent… Read more...

The region's headline inflation or overall inflation increased to 5.6 percent in September 2023 from 4.4 percent in August 2023. This makes the regional average inflation from January to September 2023 at 6.3 percent. In September 2022, inflation rate was higher at 6.6 percent.The uptrend in the overall inflation in September 2023 was primarily brought about by the higher year-on-year increase in the heavily-weighted food and non-alcoholic beverages at 10.3 percent during the month from 7.2… Read more...

The region's headline inflation or the overall inflation slowed down further to 4.4 percent in August 2023 from 4.6 percent in July 2023. This is the sixth consecutive month of deceleration in the headline inflation and the lowest since April 2022 with an inflation rate of 4.2 percent. The average inflation rate from January to August 2023 stood at 6.4 percent. In August 2022, the inflation rate was recorded at 6.3 percent.The continued downtrend of overall inflation in August 2023 was… Read more...

The region’s headline inflation or the overall inflation slowed down further to 4.6 percent inJuly 2023 from 5.3 percent in June 2023. This is the fifth consecutive month of decelerationin the headline inflation and the lowest since April 2022 with an inflation rate of 4.2 percent. The average inflation rate from January to July 2023 stood at 6.7 percent. In July 2022, theinflation rate was recorded at 5.6 percent.The continued downtrend of overall inflation in July 2023 was primarily brought… Read more...

The headline inflation or the overall inflation in Bicol Region slowed down further to 5.3 percent in June 2023 from 6.0 percent in May 2023. Inflation rate in June 2022 was lower at 5.0. This brings the average inflation rate from January to June 2023 to 7.0 percent.Among the 13 commodity groups, the deceleration of the overall inflation in June 2023 was mainly brought about by Housing, water, electricity, gas and other fuels, which recorded a lower inflation rate of 4.6 percent from 6.8… Read more...

 The headline inflation or the overall inflation in Bicol Region further slowed down to 6.0 percent in May 2023 from 6.8 percent in April 2023. Inflation rate in May 2022 was lower at 4.9 percent. The average inflation since January 2023 stood at 7.4 percent.Among the 13 commodity groups, the downtrend of the overall inflation in May 2023 was mainly brought about by the heavily-weighted food and non-alcoholic beverages, which recorded a lower inflation rate of 6.8 percent from 7.4 percent in… Read more...

  The headline inflation or the overall inflation in Bicol Region slowed down further to 6.8 percent in April 2023 from 7.1 percent in March 2023. Inflation rate in April 2022 was lower at 4.2 percent. This brings the average inflation rate from January to April 2023 to 7.8 percent.Among the 13 commodity groups, the downtrend of the overall inflation in April 2023 was mainly brought about by the heavily-weighted food and non-alcoholic beverages, which recorded a lower inflation rate of 7.4… Read more...

The headline inflation or the overall inflation in Bicol Region slowed down to 7.1 percent in March 2023 from 8.8 percent in February 2023. Inflation rate in March 2022 was lower at 3.8 percent. The average inflation for the first quarter of 2023 stood at 8.1 percent.Among the 13 commodity groups, the downtrend of the overall inflation in March 2023 was mainly brought about by the heavily-weighted food and non-alcoholic beverages, which recorded a lower inflation rate of 8.0 percent from 9.8… Read more...

The headline inflation in Bicol Region further accelerated to 8.8 percent in February 2023, from 8.3 percent in January 2023. In February 2022, inflation was lower at 2.8 percent. The average inflation rate for the first two months of the year stood at 8.5 percent. The main driver in the uptrend of inflation in February 2023 was the higher year-on-year increase in the index of housing, water, electricity, gas and other fuels at 11.9 percent, from 10.2 percent in January 2023.  This was followed… Read more...

 The headline inflation in Bicol Region accelerated to 8.3 percent in January 2023, from 7.2 percent in December 2022. With this month's inflation, Bicol region's average inflation rate from January 2022 to January 2023 stood at 5.5 percent. In January 2022, inflation rate was observed at 2. 7 percent. The acceleration of the region's inflation rate in January 2023 was primarily due to the higher annual growth rate in the index for food and non-alcoholic beverages at 9.3 percent, from 8.0… Read more...