Davao region’s year-on-year regional inflation continued to decrease to 1.4 percent in December 2020. The current inflation was relatively lower as compared to the previous month and to the same month of the previous year at 1.6 percent and 2.0 percent, respectively. Further, the purchasing power of the peso (PPP) which measures the real value of the peso in a given period relative to a chosen reference period remained at 81 centavos (see Table 1). The downtrend of inflation in December 2020 was partly attributed to the slower annual increment in the index of Food and Non-Alcoholic Beverages from 1.3 percent to 0.3 percent in December Read more about Davao Region’s Inflation decelerated to 1.4% in December 2020.

 

HOUSEHOLDS WITH OVERSEAS FILIPINOS, OVERSEAS FILIPINO WORKERS, AND EMIGRANTS The 2018 National Migration Survey (NMS) shows that 7.3 percent of total households in Davao Region have an Overseas Filipino (OF) family member, while 11.0 percent have an Overseas Filipino Worker (OFW). On the other hand, only 0.3 percent of the households in Davao Region had a family member which is an emigrant. MIGRATION IN DAVAO REGION. The results also suggest that 40.0 percent of Filipinos are lifetime migrants, which means that 40.0 percent of Filipinos whose current area of residence are different from its area of birth. These lifetime migrants in the Philippines are dominantly comprised of females (54.43 percent) than males (45.57 percent). Meanwhile, 52.70 percent of Davaoeños are Inter-regional lifetime migrants which consist of 58.62 In-migrants Read more about 2018 Migration Survey.

 

The production performance of fruit crops in the region declined by 3.5 percent in 2019, from 3,743,212.32 metric tons in 2018 to 3,609,786.69 metric tons in 2019, a turnaround from an increase of 1.4 percent between 2017 and 2018. The decrease was mainly attributed by drop in production of banana by 126,321.29 metric tons and mango by 8,157.35 metric tons or negative 3.55 and negative 15.29, respectively from 2018 to 2019. In 2019, the top ten fruit crops accounted for 99.7 percent Read more about 2019 Fruits Situationer Report: Davao Region.