Misamis Oriental
The headline inflation of Province of Misamis Oriental has increased to 4.2 percent in May 2022, from 4.1 percent in the previous month. The inflation rate in May 2021 was higher at 4.6 percent. (Table A and Figure 1)
The increase of the province’s inflation was primarily influenced by the higher annual increase in the index for Food at 3.8 percent; Health at 2.6 percent; Transport at 12.7 percent and Personal Care, and Miscellaneous Goods and Services at 2.0 percent.
Meanwhile, annual increase slowed down in the indices of furnishings, household equipment and routine household maintenance at 5.1 percent; Housing, Water, Electricity, Gas, and Other Fuels at 4.4 percent and alcoholic beverages and tobacco at 3.6 percent. The rest of the commodity groups either retained their previous month’s inflation rates or had zero percent annual growths. (Table B)
Cagayan de Oro City
Similar to the trend at the province level the headline inflation of Cagayan de Oro City a highly urbanized city increased further to 4.8 percent in May 2022, from 4.1 percent in the previous month. The inflation rate in May 2021 was higher at 4.6 percent. (Table A and Figure 2)
The increase of the inflation was primarily influenced by the higher annual increase in the index for Food at 4.9 percent; Health at 1.9 percent; Transport at 15.8 percent and Recreation, Sport and Culture at 3.1 percent.
However, annual increase slowed down in the indices of Alcoholic Beverages and Tobacco at 4.1 percent; Clothing And Footwear at 4.5 percent; Housing, Water, Electricity, Gas, and Other Fuels at 3.8 percent and Personal Care, And Miscellaneous Goods and Services at 2.9 percent. The rest of the commodity groups either retained their previous month’s inflation rates or had zero percent annual growths. (Table C)
Note: CPIs & Inflation Rates by region,province and selected City are posted at the website (https://openstat.psa.gov.ph)
(Sgd)JULIETA M. NACARIO
(Supervising Statistical Specialist)
Officer-in-Charge
Misamis Oriental Provincial Statistical Office
Regional Statistical Services Office 10
