Inflation

Davao Region’s Inflation down to 1.9% in May

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

Inflation steady at 2.2% in Davao Region

Davao Region’s inflation retained its previous month’s rate at 2.2 percent for April 2020. The inflation in April was lower as compared to the same month in the previous year at 3.9 percent. On the other hand, the purchasing power of the peso (PPP) remained at 81 centavos (see Table 1). As the region’s inflation kept its preceding annual rate, the year-on-year provincial inflation rates of Davao del Norte and Davao del Sur lowered to

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