Davao Region’s inflation slowed further to 1.5 percent in August 2019. This is the lowest inflation recorded in Davao region since January 2016, in which the inflation rate was 2.3. Relatedly, purchasing power of peso (PPP) remained at 83 centavos. Expectedly, Inflation rates per province went down, with Davao Oriental having the lowest inflation at negative 0.7 percent, followed by Davao Del Norte (0.9%), and Compostela Valley (1.9). Read more about Davao region’s inflation remained low at 1.5% in August 2019.