The year-on-year regional inflation of Davao Region moved upward to 8.6 percent in July 2022, from 7.2 percent in June 2022. This is the highest recorded inflation since January 2022. The average inflation for the first six months of the year stood at 6.0 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 period. Read more about Davao Region Summary Inflation Report Consumer Price Index (2018=100) July 2022.