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1. Regional Headline Inflation
The Davao Region’s inflation rate for the bottom 30% income households declined further to 0.8 percent in January 2025 from 1.1 percent in December 2024. In January 2024, the region’s inflation was higher at 3.9 percent. (Table 1 and Figure 1).
The downtrend in the region’s overall inflation for the bottom 30% income households in January 2025 were primarily due to the slower annual growth in the indices of Food and Non-Alcoholic Beverages at -0.1 percent from 0.4 percent; and Housing, Water, Electricity, Gas, and other Fuels at -0.3 percent from 0.7 percent.
On the other hand, the following commodity groups recorded faster price movements in January 2025 than in December 2024 :
a. Alcoholic Beverages and Tobacco at 3.7 percent from 3.3 percent;
b. Clothing and Footwear at 3.3 percent from 3.2 percent;
c. Furnishings, Household Equipment, and Routine Household Maintenance at 3.8 percent from 3.6 percent;
d. Transport at 0.2 percent from -0.4 percent;
e. Information and Communication at 0.3 percent from -0.2 percent;
f. Recreation, Sport, and Culture at 7.0 percent from 6.9 percent;
g. Financial Services at 0.0 percent from -0.1 percent; and
h. Personal Care, and Miscellaneous Goods and Services at 3.1 percent from 2.9 percent.
Meanwhile, the commodity groups of Health at 2.9 percent; Education Services at 2.7 percent; and Restaurants and Accommodation Services at 5.8 percent retained its previous month’s inflation rates.
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2. Davao Region Food Inflation
The Food inflation for the Bottom 30% Income Households at the regional level decreased to -0.3 percent in January 2025, from 0.2 percent in the previous month. In January 2024, the Food inflation was higher at 8.5 percent. (Table 3)
The main contributor to the downtrend of overall food inflation in the region in January 2025 was Cereals and Cereal Products at -6.6 percent from -3.8 percent. Additionally, contributing to the downtrend in Food inflation were Milk, Other Dairy Products and Eggs at 3.9 percent from 4.5 percent; Fish and Other Seafood at 4.2 percent from 4.4 percent; Ready-Made Food and Other Food Products N.E.C. at 6.3 percent from 6.5 percent; and Fruits and Nuts at 2.4 percent from 2.5 percent.
On the other hand, the following commodity groups recorded a faster year-on-year growth, namely:
a. Meat and Other Parts of Slaughtered Land Animals, at 3.4 percent from 3.4 percent;
b. Oils and Fats at 29.1 percent from 23.0 percent;
c. Vegetables, Tubers, Plantains, Cooking Bananas and Pulses at 7.9 percent from 2.3 percent; and
d. Sugar, Confectionery, and Desserts at -6.0 percent from -7.0 percent.
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3. Regional Inflation Rates
At the national level, the country's inflation for the bottom 30% income households decreased to 2.4 percent from 2.5 percent in the previous month. (Table 4)
Among the 17 administrative regions, Region II (Cagayan Valley) had the highest inflation at 5.4 percent followed by Region IV (CALABARZON) at 4.0 percent, and Cordillera Administrative Region (CAR) at 3.7 percent. On the other hand, Region VIII (Eastern Visayas) had the lowest inflation at 0.6 percent. (Table 4 and Figure 2)
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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