1. Regional Headline Inflation
The year-on-year headline inflation of Davao Region declined further, at 0.6 percent in February 2025, from 2.1 percent in January 2025. In February 2024, the region’s inflation was higher at 4.8 percent. (Table 1 and Figure 1).
The downtrend in the region’s overall inflation in February 2025 was primarily attributed to the slower annual increment in the index of Food and Non-Alcoholic Beverages at -0.3 percent from 1.8 percent. Also contributing to the downtrend were the commodity groups of Housing, Water, Electricity, Gas and Other Fuels at 0.3 percent from 2.0 percent; and Transport at -2.1 percent from 0.5 percent.
Slower annual increments were noted in the indices of the following commodity groups during the month:
a. Restaurants and Accommodation Services at 2.7 percent from 3.2 percent;
b. Furnishings, Household Equipment, and Routine Household Maintenance at 3.5 percent from 4.1 percent;
c. Personal Care, and Miscellaneous Goods and Services at 2.9 percent from 3.2 percent; and
d. Clothing and Footwear at 2.9 percent from 3.1 percent.
On the other hand, faster annual increments were noted in the indices of Health at 2.5 percent from 2.4 percent; Information and Communication at 0.5 percent from -0.1 percent; and Recreation, Sport, and Culture at 4.6 percent from 4.5 percent.
Meanwhile, Alcoholic Beverages and Tobacco at 4.4 percent; Education Services at 7.8 percent; and Financial Services at 0.0 percent retained the previous month’s inflation rate
2. Davao Region Food Inflation
The region’s Food inflation decelerated at -0.7 percent in February 2025 from 1.6 percent the previous month’s inflation. In February 2024, the Food inflation was higher at 8.4 percent. (Table 3)
The commodity group of Vegetables, Tubers, Plantains, Cooking Bananas, and Pulses at -5.5 percent from 9.1 percent was the main contributor to the downtrend of the region’s Food inflation. Additionally, lower annual growth rates during the month were observed in the indices of Cereals and Cereal Products, at -6.2 percent from -3.9 percent; Fish and other Seafood at 3.7 percent from 6.6 percent; and Fruits and Nuts at 1.3 percent from 2.4 percent.
On the other hand, the following food groups recorded a faster annual increase during the month:
a. Meat and Other Parts of Slaughtered Land Animals at 4.3 percent from 3.3 percent;
b. Milk, Other Dairy Products, and Eggs at 2.8 percent from 2.3 percent;
c. Oils and Fats at 9.0 percent from 6.2 percent;
d. Sugar, Confectionery, and Desserts, at -1.2 percent from -3.4 percent; and
e. Ready-made Food and other Food Products n.e.c. at 6.9 percent from 6.8 percent.
3. Regional Inflation Rates
At the national level, the country's headline inflation declined to 2.1 percent from its previous month’s inflation at 2.9 percent. (Table 4)
Among the 17 administrative regions, Region II (Cagayan Valley) had the highest inflation rate at 3.9 percent, followed by Region V (Bicol Region) and Region VI (Western Visayas), both at 2.7 percent. On the other hand, Region XII (SOCCSKSARGEN) recorded the lowest inflation rate at -0.3 percent. (Table 4 and Figure 2)
Note: CPIs and inflation rates by province and selected city are posted on the PSA website (https://openstat.psa.gov.ph/).
APPROVED FOR RELEASE:
RANDOLPH ANTHONY B. GALES
(Chief Statistical Specialist)
Officer-In-Charge
Regional Statistical Services Office 11