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Release Date :
Reference Number :
DvDeOro-2021-001

The headline inflation in the province eased to 3.3 percent in
April 2021, after four consecutive months of acceleration.
Inflation in the area in April 2020 was noted at 3.9 percent.

The slowdown in inflation at the province was primarily due to the
lower annual increment registered in transport at 0.37 percent in
April 2021 compared to last months.

Meanwhile, annual increases was also observed in the indices of
the following commodity groups:

• Food and Non-Alcoholic Beverages, 1.23 percent;
• Housing, Water, Electricity, Gas and Other Fuels, 0.37
percent;
• Recreation and Culture, 0.33 percent;
• Clothing and Footwear, 0.22 percent; and
• Restaurant and Miscellaneous Goods and Services, 0.08
percent.

Mixed trends of inflation were observed among the provinces in
Region XI. The province with the highest inflation during the
month was still observed in Davao Oriental at 8.0 percent while
the lowest was in Davao del Norte at 2.9 percent.

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Davao de Oro Inflation Rate went down by 3.3% in April 2021

The headline inflation in the province eased to 3.3 percent in April 2021, after four consecutive months of acceleration. Inflation in the area in April 2020 was noted at 3.9 percent.