The year-on-year regional inflation of Davao Region moved upward to 6.4 percent in May 2022, from 5.3 percent in April 2022. This is the highest recorded inflation since January 2022. Inflation in May 2021 was lower at 3.5 percent. The average inflation for the first five months of the year stood at 5.2 percent. (Table 1 and Figure 1). Purchasing Power of the Peso (PPP) measures the real value of the Philippine peso in a given period relative to its value in the base Read more about Davao Region Summary Inflation Report Consumer Price Index (2018=100) May 2022.