SUMMARY INFLATION REPORT Consumer Price Index (2018= 100) DECEMBER 2024
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The headline inflation in the province decreased to 2.2 percent in December 2024 from 2.6 percent in November 2024. This brings the provincial average inflation from January to December 2024 to 4.4 percent. In December 2023, inflation rate was…
Report on Inflation in Northern Mindanao for the Month of December 2024
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Regional inflation decreased to 2.6 percent in December 2024 from 2.7 percent in the previous month. The inflation rate in December 2023 was higher at 4.8 percent.
Cagayan de Oro City Summary Inflation Report Consumer Price Index for All Income Households (2018=100) December 2024
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The City of Cagayan de Oro has an average inflation rate of 2.9 percent in the month of December 2024. Consequently, the city’s average inflation rate posted at 2.6 percent. During the month, the city’s inflation rate resulted the same as to the…
Misamis Oriental Summary Inflation Report Consumer Price Index for All Income Households (2018=100) December 2024
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In December 2024, the headline inflation or overall inflation of Misamis Oriental accelerated to 4.5 percent from 3.4 percent inflation in November 2024. Moreover, the provincial average inflation rate in 2024 recorded at 4.3 percent. This was…
Highlights of the Consumer Price Index in Misamis Occidental for the Month of December 2024 (2018 = 100)
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Consumer Price Index (CPI) in Misamis Occidental posted at 127.2
In Misamis Occidental, the Consumer Price Index (CPI) experienced an increase, climbing to 127.2 in December 2024. This figure signifies a 27.2 percent rise in the cost of a standard…
First Quarter 2024 Highlights of Major Crops Production in Northern Mindanao
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The volume of production of major crops in Northern Mindanao reached 3.5 million metric tons (MT) in the first quarter of 2024, a 12.9 percent increase from its volume of production in the same quarter in the previous year.
The poverty incidence among Filipino families in the Northern Mindanao as of the full year of 2023 was estimated at 18.4 percent. This means that 184 out of 1,000 families had incomes which were below the amount needed to buy their basic food and…
Economic Gains Observed in 2023 Across All Provinces and HUCs, Camiguin Emerges as Fastest-Growing Economy in Region X
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All provinces and highly urbanized cities (HUCs) in the region experienced economic growth, with Camiguin leading at 11.0 percent. Five provincial and city economies grew at a faster rate than the regional average of 5.3 percent, namely: Camiguin,…
HIGHLIGHTS OF THE CONSUMER PRICE INDEX IN ILIGAN CITY FOR THE MONTH OF NOVEMBER 2024 (2018=100)
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Iligan City’s Consumer Price Index posted at 124.6 for November 2024, which implies that the price of one basket of goods was 24.6 higher than the price of goods in 2018.
The Consumer Price Index (CPI) is used as an indicator to measure the changes…