SPECIAL RELEASE

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 increased by 1.9 percentage points in January 2025 (0.9%) compared to its inflation rate in the same month last year, which was recorded at -1.0 percent. The current inflation rate (0.9%) in the province is lower compared to the figure of the Philippines (2.4%) but higher compared to Davao Region which was recorded at 0.8 percent 
(Table A).

1. Contribution to the Inflation

Table C showed that the January 2025 inflation for the bottom 30% income households in Davao del Norte was mostly contributed by the indices of food and non-alcoholic beverages (1.4%); personal care, and miscellaneous goods and services (2.3%); and alcoholic beverages and tobacco (4.1%). 

1. Share to the Trend of Inflation

The decrement in the inflation rate of the bottom 30% income households in Davao del Norte can be observed with its downward trend from 1.4 percent in December 2024 to 0.9 percent in January 2025. This trend was mainly contributed by the slower annual increase of the price indices for food and non-alcoholic beverages from a rate of 2.3 percent in December 2024 to 1.4 percent in January 2025 and was followed by the faster price decrease of the index of housing, water, electricity, gas and other fuels (from -0.5% to -0.7%); and health (from -1.3% to -1.4%) (Table D).

Despite the decrease in the inflation rate of the province, an upward trend in January 2025 compared to their corresponding rates in December 2024 can be observed in Table D for the following commodities:

• Alcoholic beverages and tobacco (from 2.2% to 4.1%);

• Furnishings, household equipment and routine household maintenance (from 1.1% to 1.4%);

• Transport (from -0.7% to -0.6%);

• Financial services (from -0.1% to 0.0%); and

• Personal care, and miscellaneous goods and services (from 1.8% to 2.3%).

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 December 2024:

• Clothing and footwear (0.5%);

• Information and communication (0.0%);

• Recreation, sport and culture (3.8%);

• Education services (1.0%); and

• Restaurants and accommodation 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 2.6 percent in December 2024 to 
1.5 percent in January 2025. The trend of the food inflation was mostly attributed by the annual price decrease of rice; and sugar, confectionery and desserts at a rate of -3.0% and -1.5%, respectively. Also contributing to this trend is the slower annual price increase of fruits and nuts which recorded an inflation rate of 6.5% (Table E).

Approved for Release:

MICHELLE O. MANINGO

(Supervising Statistical Specialist)

Officer-in-Charge