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July Inflation Rate Registers at 2.4 Percent
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Palay Production
Northern Mindanao produced 173,068 metric tons of palay in the first quarter of 2020. This is a decrease of 5.7 percent from the previous year’s production for the same quarter.
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The Consumer Price Index in Northern Mindanao for the month of June 2020 registered at 127.1 which implies that the price of a basket of goods in June 2020 was 27.1 percent higher than its price in 2012.
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Table 1. Demographic Profile of the Respondents
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The Consumer Price Index in Northern Mindanao for the month of April posted at 126.5 which implies that the price of a basket of goods was 26.5 higher than its prices in 2012.
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REGIONAL INVENTORY OF LIVESTOCK