Vital Events in Bicol Region, January to December 2022

PSA-RSSO V, PSO-Sorsogon Team up for the Pre-SONA Serbisyo Caravan in Sorsogon City

PALAY

Palay production inches up by 0.38%

Highlights of the Domestic Trade Statistics in Bicol Region
First Quarter 2021 (Preliminary)

PRICE SITUATION: YEAR-ON-YEAR

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-

PRICE SITUATION: YEAR-ON-YEAR

The Bicol Region’s inflation rate in October 2019 accelerated to 1.5 percent.

Compared to the 8.9 percent inflation rate in the same period last year, the October 2019

rate was lower by 7.4 percentage points.

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

Commodity/Service groups: Alcoholic Beverages and Tobacco (from 40.9 percent

to 39.7 percent), Clothing and Footwear (from 5.3 percent to 5.1 percent), Furnishings,

PRICE SITUATION: YEAR-ON-YEAR

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),