Release Date :
Reference Number :
SRDDN2025-023
Summary Inflation Report: February 2025
Consumer Price Index for Bottom 30% Income Households: Davao del Norte
(2018=100)
Table A. Year-on-Year Inflation Rates for Bottom 30% Income Households in the Philippines, Region 11, and Davao del Norte: February 2024, | ||||
Area | February | January | February | Year-to-Date* |
Philippines | 4.2 | 2.4 | 1.5 | 2.0 |
Region 11 | 5.4 | 0.8 | (1.5) | -0.4 |
Davao del Norte | 2.4 | 0.9 | (1.7) | -0.4 |
Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index Philippine Statistics Authority | ||||
1. Inflation in Davao del Norte
The inflation in Davao del Norte for bottom 30% income households decreased by 4.1 percentage points in February 2025 (-1.7%) compared to its inflation rate in the same month last year, which was recorded at 2.4 percent. The current inflation rate (-1.7%) in the province is lower compared to the figure of the Philippines and Davao Region was recorded at 1.5 percent and -1.5 percent, respectively (Table A).
| Year-on-Year Inflation Rates for Bottom 30% Income Households in Davao del Norte: January 2022 – February 2025 (All Items in Percent) | ||||
Month | 2022 | 2023 | 2024 | 2025 | |
January | 7.5 | 9.8 | -1.0 | 0.9 | |
February | 5.6 | 9.0 | 2.4 | -1.7 | |
March | 5.8 | 7.9 | 2.3 |
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April | 6.5 | 5.5 | 3.6 |
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May | 6.9 | 3.8 | 5.3 |
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June | 8.0 | 3.1 | 2.8 |
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July | 10.5 | 0.6 | 5.5 |
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August | 10.7 | -1.6 | 6.3 |
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September | 11.2 | 1.9 | 1.2 |
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October | 10.3 | 1.0 | 1.0 |
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November | 9.9 | 1.9 | 1.2 |
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December | 9.6 | 1.0 | 1.4 |
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Average | 8.5 | 3.6 | 2.6 | -0.4 | |
Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index, Philippine Statistics Authority | |||||
2. Contribution to the Inflation
Table C showed that the February 2025 inflation for the bottom 30% income households in Davao del Norte was mostly contributed by the indices of food and non-alcoholic beverages (-2.6%); housing, electricity, gas and other fuels (-3.3%); and transport (-1.9%).
Major Contributor to the Inflation in Davao del Norte: | ||||||
Commodity Group | February | January | February | Contribution to Inflation | ||
ALL ITEMS | 2.4 | 0.9 | (1.7) | 100.0 | ||
Food and non-alcoholic beverages | 9.0 | 1.4 | (2.6) | 81.5 | ||
Alcoholic beverages and tobacco | 11.7 | 4.1 | 6.7 | (6.9) | ||
Clothing and footwear | 7.4 | 0.5 | 0.7 | (0.9) | ||
Housing, water, electricity, gas and other fuels | (21.0) | (0.7) | (3.3) | 29.5 | ||
Furnishings, household equipment and routine household maintenance | 4.2 | 1.4 | 1.6 | (2.0) | ||
Health | (2.9) | (1.4) | (1.1) | 0.8 | ||
Transport | 4.8 | (0.6) | (1.9) | 7.6 | ||
Information and communication | 0.0 | 0.0 | 0.0 | 0.0 | ||
Recreation, sport and culture | 9.7 | 3.8 | 3.8 | (1.5) | ||
Education services | 3.2 | 1.0 | 1.0 | (0.2) | ||
Restaurants and accommodation services | 1.4 | 0.0 | 0.0 | 0.0 | ||
Financial services | (0.1) | 0.0 | 0.0 | 0.0 | ||
Personal care, and miscellaneous goods and services | 3.9 | 2.3 | 2.7 | (8.0) | ||
Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index Philippine Statistics Authority
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3. Share to the Trend of Inflation
Table D. | Share to the Downtrend of Inflation in Davao del Norte: Bottom 30% income Households in Percent (2018=100) | ||||
Commodity Group | February | January | February | Share to Downtrend | |
ALL ITEMS | 2.4 | 0.9 | (1.7) | 100.0 | |
Food and non-alcoholic beverages | 9.0 | 1.4 | (2.6) | 81.5 | |
Alcoholic beverages and tobacco | 11.7 | 4.1 | 6.7 |
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Clothing and footwear | 7.4 | 0.5 | 0.7 |
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Housing, water, electricity, gas and other fuels | (21.0) | (0.7) | (3.3) | 15.1 | |
Furnishings, household equipment and routine household maintenance | 4.2 | 1.4 | 1.6 |
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Health | (2.9) | (1.4) | (1.1) |
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Transport | 4.8 | (0.6) | (1.9) | 3.4 | |
Information and communication | 0.0 | 0.0 | 0.0 |
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Recreation, sport and culture | 9.7 | 3.8 | 3.8 |
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Education services | 3.2 | 1.0 | 1.0 |
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Restaurants and accommodation services | 1.4 | 0.0 | 0.0 |
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Financial services | (0.1) | 0.0 | 0.0 |
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Personal care, and miscellaneous goods and services | 3.9 | 2.3 | 2.7 |
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Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index Philippine Statistics Authority | |||||
The decrement in the inflation rate of the bottom 30% income households in Davao del Norte can be observed with its downward trend from 0.9 percent in January 2025 to -1.7 percent in February 2025. This trend was mainly contributed by the annual price decrease of food and non-alcoholic beverages (-2.6%), housing, water, electricity, gas and other fuels (-3.3%), and transport (-1.9%) (Table D).
Despite the decrease in the inflation rate of the province, the following commodity groups has exhibited an increase in inflation rate in February 2025:
Alcoholic beverages and tobacco (from 4.1% to 6.7%);
Clothing and footwear (from 0.5% to 0.7%)
Furnishings, household equipment and routine household maintenance (from 1.4% to 1.6%);
Health (from -1.4% to -1.1%); and
Personal care, and miscellaneous goods and services (from 2.3% to 2.7%).
It can also be observed that the following commodities has shown no sign of increase nor decrease in inflation rate compared to their corresponding rates in January 2025:
Information and communication (0.0%);
Recreation, sport and culture (3.8%);
Education services (1.0%);
Restaurants and accommodation services (0.0%); and
Financial services (0.0%).
The bottom 30% income households inflation rate of the index for food has shown a downward trend from an inflation rate of 1.5 percent in January 2025 to
-3.0 percent in February 2025. The trend of the food inflation was mostly attributed by the annual price decrease of vegetables, tubers, plantains, cooking bananas and pulses (-13.7%), rice (5.4%), and fish and other seafood (-1.0%) (Table E).
Table E. | Share to the Trend of Food Inflation in Davao del Norte: Bottom 30% Income Households in Percent (2018=100) | ||||
|---|---|---|---|---|---|
Commodity Group | February | January | February | Share to Downtrend | |
FOOD | 9.5 | 1.5 | (3.0) | 100.0 | |
Rice | 28.4 | (3.0) | (5.4) | 21.5 | |
Corn | (2.5) | (11.5) | (12.2) | 0.8 | |
Flour, Bread and Other Bakery Products, Pasta Products, And Other Cereals | 7.8 | 2.5 | 1.7 | 2.3 | |
Meat and other parts of slaughtered land animals | (1.9) | 2.4 | 2.3 | 0.3 | |
Fish and other seafood | 3.4 | 4.7 | (1.0) | 23.4 | |
Milk, other dairy products and eggs | 2.5 | 6.9 | 5.4 | 2.7 | |
Oils and fats | (0.5) | (3.9) | (2.3) | ||
Fruits and nuts | 21.4 | 6.5 | (0.5) | 4.1 | |
Vegetables, tubers, plantains, cooking bananas and pulses | 4.4 | 11.8 | (13.7) | 43.5 | |
Sugar, confectionery and desserts | (0.8) | (1.5) | (4.2) | 1.4 | |
Ready-made food and other food products n.e.c. | 4.2 | 4.2 | 4.8 |
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Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index Philippine Statistics Authority | |||||
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