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Highlights of the Consumer Price Index in Northern Mindanao July 2020 (2012 = 100)


July Inflation Rate Registers at 2.4 Percent

Northern Mindanao’s inflation rate decelerated to2.4 percentinJuly 2020, lower by 0.6 percentage pointthan the recorded inflation of 3.0 percent in the same period last year. This means thatthe rate of increase in the prices of goods in July this year is at a slower pace than its rate of increase in July 2019.(Figure 1)


Highlights of Selected Major Crops Production in Northern Mindanao (First Quarter 2020)

Table 1 shows the volume of production of selected major crops by crop group in Northern Mindanao for the first quarter of 2019 and 2020.
The total production of selected major crops in Northern Mindanao reached 3.377 million metric tons (MT) in the first quarter of 2020, a 0.4 percent growth from its production volume on the same quarter of 2019.


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