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Lanao del Norte’s Consumer Price Index posted at 113.1 for the month of May which implies that the price of one basket of goods was 13.1 higher than the price of goods in the year 2018.
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Iligan City’s Consumer Price Index posted at 115.1 for the month of May which implies that the price of one basket of goods was 15.1 higher than the price of goods in 2018.
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Household population comprises majority of the total population
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Northern Mindanao registered the highest labor force participation rate (LFPR) of 69.8 percent nationwide in 2021.
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The Consumer Price Index (CPI) in Northern Mindanao for the month of April 2022 registered at 114.4 which implies that the price of a basket of goods in April 2022 was 14.4 percent higher than its price in 2018.
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The economy of the region posted a growth of 6.3 percent in 2021, a rebound from a decline of 5.3 percent in the previous year.
SUMMARY INFLATION REPORT Consumer Price Index - May 2024
Release Date:Cagayan de Oro City Summary Inflation Report - May 2024
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