Inflation rate of Davao del Norte increased by 0.5 percentage points (2018=100) in March 2025

Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index Philippine Statistics Authority

   1. Inflation in Davao del Norte

The headline inflation of Davao del Norte decreased by 3.2 percentage points in March 2025 (0.0%) compared to its inflation rate in the same month last year, which was recorded at 3.2 percent. The current inflation rate (0.0%) of the province is lower compared to the headline inflation of the Philippines and Davao Region which was recorded at 1.8 percent and 0.6 percent, respectively (Table A).

The average inflation of Davao del Norte for the year 2025 stood at 0.2 percent (Table B).

2. Share to the Trend of Inflation

The increment in the inflation rate of Davao del Norte can be observed with its upward trend from -0.5 percent in February 2025 to 0.0 percent in March 2025. This trend is mainly contributed by the slower annual price decrease of food and non-alcoholic beverages, and the faster price increase of housing, water electricity, gas and other fuels; and clothing and footwear with a recorded inflation rate of 0.9 percent for both commodity groups (Table D).

Despite the increase in the inflation rate of province, a downward trend in March 2025 compared to their corresponding rates in February 2025 can be observed in Table D for the following commodities:

•    Furnishings, household equipment and routine household maintenance (from 3.9% to 3.3%);

•     Health (from 2.3% to 2.0%); and

•     Transport (from -1.9% to -2.0%).

It can also be observed that the following commodities has shown no sign of increase nor decrease in inflation rate in comparison to their corresponding rates in the last month:

•     Information and communication (0.0%);

•     Education services (0.4%);

•     Restaurants and accommodation services (-0.1%); and

•     Financial services (0.0%).

The inflation of the index for food increased from -2.0% in February 2025 to 
-1.2% in March 2025. The uptrend of the food inflation was mostly attributed by the slower annual price decrease of vegetables, tubers, plantains, cooking bananas and pulses. Also contributing to this trend is the faster annual price increase of meat and other parts of slaughtered land animals; and fish and other seafood (Table E).

1. Davao del Norte’s Inflation Rate vis-à-vis other Provinces of Davao Region

Among the five provinces and one HUC of Davao Region, Davao Oriental has the slowest recorded inflation rate in March 2025 with -2.1 percent. This was followed by Davao de Oro (-1.2%), Davao Occidental (-0.7%), Davao del Norte (0.0%), 
Davao del Sur (0.3%), and Davao City (1.9%) (Table F).

4. Purchasing Power of Peso

The Purchasing Power of Peso (PPP) measures the current value of the peso in reference to its value in the base year. It has an inverse relationship with the Consumer Price Index (CPI) which means that if the CPI increases, the PPP decreases.

Figure 2 showed that the PPP for the province of Davao del Norte steadied and was recorded at 0.82 from November 2024 to March 2025. This suggests that Php100.00 in 2018 is currently valued at PhP82.00.