1. Regional Headline Inflation

The year-on-year headline inflation of Davao Region declined at 2.1 percent in January 2025, from 2.2 percent in December 2024. In January 2024, the region’s inflation was higher at 4.4 percent. (Table 1  and Figure 1).

The downtrend in the region’s overall inflation in January 2025 was primarily attributed to the slower annual increment in the index of Housing, Water, Electricity, Gas and Other Fuels at 2.0 percent from 2.6 percent. Also contributing to the downtrend were the commodity groups of Food and Non-Alcoholic Beverages at 1.8 percent from 1.9 percent; Health at 2.4 percent from 2.7 percent; and Furnishings, Household Equipment, and Routine Household Maintenance at 4.1 percent from 4.2 percent.

On the other hand, faster annual increments were noted in the indices of the following commodity groups during the month:

a.    Alcoholic Beverages and Tobacco at 4.4 percent from 4.3 percent;
b.    Transport at 0.5 percent from -0.5 percent;
c.    Information and Communication at -0.1 percent from -0.2 percent; 
d.    Recreation, Sport, and Culture at 4.5 percent from 4.3 percent; and
e.    Financial Services at 0.0 percent from -0.1 percent.
Meanwhile, the following commodity groups retained the previous month’s inflation rate:

a.    Clothing and Footwear at 3.1 percent;
b.    Education Services at 7.8 percent;
c.    Restaurants and Accommodation Services at 3.2 percent; and
d.    Personal Care, and Miscellaneous Goods and Services at 3.2 percent.
 

2. Davao Region Food Inflation

The region’s Food inflation decelerated at 1.6 percent in January 2025 from 1.7 percent the previous month’s inflation. In January 2024, the Food inflation was higher at 7.5 percent. (Table 3)

The commodity group of Cereals and Cereal Products, at -3.9 percent from -1.7 percent, is 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 Milk, Other Dairy Products, and Eggs, at 2.3 percent from 2.5 percent; Fruits and Nuts at 2.4 percent from 4.4 percent; and Ready-made Food and other Food Products n.e.c. at 6.8 percent from 7.0 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 3.3 percent from 2.3 percent;
b.    Fish and other Seafood at 6.6 percent from 6.2 percent
c.    Oils and Fats at 6.2 percent from 4.5 percent; 
d.    Vegetables, Tubers, Plantains, Cooking Bananas, and Pulses at 9.1 percent from 3.1  percent; and 
e.    Sugar, Confectionery, and Desserts, at -3.4 percent from -4.0 percent.
 

3. Regional Inflation Rates

At the national level, the country's headline inflation retained 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 5.1 percent, followed by Cordillera Administrative Region (CAR) at 4.1 percent, and Region VI (Western Visayas) at 3.6 percent. On the other hand, Region XII (SOCCSKSARGEN) recorded the lowest inflation rate at 1.1 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