Davao region’s inflation lowers to 1.9 percent in May 2020. The current rate was relatively lesser as compared to the region’s inflation of the same month in the previous year at 3.7 percent. In addition, the purchasing power of the peso (PPP) retained its previous month’s value at 81 centavos (see Table 1). Expectedly, the year-on-year provincial inflation rates decreased. However, Davao de Oro continued to have the highest inflation among the provinces in the region at 2.9 percent. This was followed by Davao del Norte at 2.7 percent. Meanwhile, Davao Oriental and Davao del Sur Read more about Davao Region’s Inflation down to 1.9% in May.