March 2025 CPI in Misamis Occidental posted at 127.4
The CPI for Misamis Occidental in March 2025 decreased a bit at 127.4 from 128.0 in the previous month. A CPI of 127.4 implies that the same basket of goods and services worth 100 pesos in 2018 had increased by 27.4 percent in March 2025. Compared to the CPI recorded in the months of February and March 2024, it increased from 125.8 and 126.2 to 128.0 and 127.4 in February and March 2025, respectively. The Consumer Price Index (CPI) is an indicator of the change in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year. (Figure 1)
Source: Philippine Statistics Authority
Among the commodity groups, Alcoholic Beverages and Tobacco remained the top commodity with the highest CPI in March 2025 which increased to 194.5 from 194.1 in the previous month. It was then followed by Financial Services at 146.0 and Health at 132.3. Both commodities remained the same CPI compared to the previous month. On the other hand, Information and Communication at 115.6, Recreation, Sport, and Culture at 115.0, and Education Services at 110.4 retained their values relative to the previous month. Moreover, these three commodity groups continued to have the lowest CPI recorded in March 2025. (Figure 2)
Source: Philippine Statistics Authority
March 2025 Inflation Rate (IR) in the province dropped at 1.0 percent
Provincial inflation in March 2025 dropped at 1.0 percent from 1.7 percent in the previous month. Moreover, it is lower by 1.3 percentage points compared to 2.3 percent in March 2024. Inflation is the rate of increase in prices over a given period of time. (Figure 3)
Source: Philippine Statistics Authority
Purchasing Power of Peso (PPP) remained at PhP0.78 in March 2025
The Purchasing Power of Peso (PPP) shows the real value of peso relative to the base period. The PPP in Misamis Occidental in March 2025 retained its value from the previous month at PhP0.78 and was lower by PhP0.01 compared to the same period of the previous year. A PPP of PhP0.78 means that a consumer’s PhP100.00 in 2018 can only purchase PhP78.00 worth of goods and services in March 2025. (Figure 4)
Source: Philippine Statistics Authority
Prepared by:
(SGD.)MARK LESTHER P. PATIC
COSW
Approved by:
(SGD.)JULIETA M. NACARIO
(Supervising Statistical Specialist)
Officer-In-Charge
Provincial Statistical Office – Misamis Occidental
| /RJDG/GFG/FAC |
Table 1. Consumer Price Index for All Commodity Groups, Misamis Occidental:
February and March 2025 (2018=100)
| COMMODITY GROUP | Feb 2025 | Mar 2025 |
| ALL ITEMS | 128.0 | 127.4 |
| I. FOOD AND NON-ALCOHOLIC BEVERAGES | 126.4 | 126.2 |
| II. ALCOHOLIC BEVERAGES AND TOBACCO | 194.1 | 194.5 |
| III. CLOTHING AND FOOTWEAR | 121.8 | 122.1 |
| IV. HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS | 133.6 | 132.3 |
| V. FURNISHINGS, HOUSEHOLD EQUIPMENT AND ROUTINE HOUSEHOLD MAINTENANCE | 122.3 | 122.3 |
| VI. HEALTH | 132.5 | 132.5 |
| VII. TRANSPORT | 127.0 | 123.7 |
| VIII. INFORMATION AND COMMUNICATION | 115.6 | 115.6 |
| IX. RECREATION, SPORT AND CULTURE | 115.0 | 115.0 |
| X. EDUCATION SERVICES | 110.4 | 110.4 |
| XI. RESTAURANTS AND ACCOMMODATION SERVICES | 131.6 | 131.6 |
| XII. FINANCIAL SERVICES | 146.0 | 146.0 |
| XIII. PERSONAL CARE, AND MISCELLANEOUS GOODS AND SERVICES | 124.8 | 124.8 |
Source: Philippine Statistics Authority
TECHNICAL NOTES
Consumer Price Index (CPI) – The CPI is an indicator of the changes in the average retail prices of a fixed basket of goods and services commonly purchased by households relative to a base year.
Use of CPI – CPI is most widely used in the calculation of the inflation rate and purchasing power of peso. It is a major statistical series used for economic analysis and as a monitoring indicator of government economic policy.
Computation of CPI – The computation of the CPI involves consideration of the following important points:
- Base Period – The reference data or base period is the benchmark or reference date or period at which the index is taken as equal to 100.
- Market Basket – A sample of the thousands of varieties of goods purchased for consumption and services availed by the households in the country selected to represent the composite price behavior of all goods and services purchased by consumers.
- Weighing System – The weighing pattern uses the expenditures on various consumer items purchased by households as a proportion to total expenditure.
- Formula – The formula used in computing the CPI is the weighted arithmetic mean of price relatives, the Laspeyre’s formula with a fixed base year period weights.
- Geographic Coverage – CPI values are computed at the national, regional, and provincial levels, and for selected cities.
Inflation Rate (IR) – is the rate of change of the CPI expressed in percent. Inflation is interpreted in terms of declining purchasing power of peso.
Purchasing Power of Peso (PPP) – shows how much the peso in the base period is worth in the current period. It is computed as the reciprocal of the CPI for the period under review multiplied by 100.
