The headline inflation of Davao del Norte decreased by 5.9 percentage points in January 2024 (1.0%) compared to its inflation rate in the same month last year, which was recorded at 6.9 percent. The current inflation rate (1.0%) of the province is lower compared to the headline inflation of the Philippines and Davao Region, which stood at 2.8 percent and 4.4 percent, respectively.
The average inflation rate of Davao del Norte for the year 2023 was valued at 3.7 percent – lower by 2.2 percentage points compared to the province’s average inflation rate of 5.9 percent in 2022
The headline inflation of Davao del Norte decreased by 3.7 percentage points in
December 2023 (2.9%) compared to its inflation rate in the same month last year,
which was recorded at 6.6 percent. The current inflation rate (2.9%) of the province
is lower compared to the headline inflation of the Philippines and Davao Region,
which stood at 3.9 percent and 5.3 percent.
The headline inflation of Davao del Norte decreased by 3.8 percentage points in
November 2023 (3.2%) compared to its inflation rate in the same month last year,
which was recorded at 7.0 percent. The current inflation rate (3.2%) of the province
is lower compared to the headline inflation of the Philippines and Davao Region,
which stood at 4.1 percent and 4.9 percent, respectively.
The economy of Davao del Norte grew by 6.7 percent in 2022, surpassing the
5.1 percent growth in the previous year. The Gross Domestic Product (GDP) of the
province was estimated at PhP 168.61 billion in 2022
The Philippine Statistics Authority (PSA), Provincial Statistical Office-Davao del Norte
(PSO-DavNor) and Department of Social Welfare and Development (DSWD)
Provincial Operations Office Davao del Norte (POO DavNor) joined forces in delivering
efficient PhilSys services to unregistered residents of Davao del Norte.
The headline inflation of Davao del Norte decreased by 4.4 percentage points in
October 2023 (2.8%) compared to its inflation rate in the same month last year,
which was recorded at 7.2 percent. The current inflation rate (2.8%) of the province
is lower compared to the headline inflation of the Philippines and Davao Region,
which stood at 4.9 percent and 5.2 percent, respectively.
26 May 2023 – CITY OF TAGUM. The Provincial Statistics Committee (PSC) in Davao
del Norte, as the highest policy-making body on statistical matters in the province,
convened its 3rd Regular PSC Meeting for CY 2023, on 29 September 2023.
The headline inflation of Davao del Norte decreased by 4.0 percentage points in
September 2023 (3.4%) compared to its inflation rate in the same month last year,
which was recorded at 7.4 percent. The current inflation rate (3.4%) of the province
is lower compared to the headline inflation of the Philippines and Davao Region,
which stood at 6.1 percent and 5.4 percent, respectively.
The Philippine Statistics Authority, Provincial Statistical Office-Davao del Norte (PSA PSO- DavNor) conducted its Customer Satisfaction Survey (CSS) for the Third Quarter of 2023. This was conducted continuously from 11-15 September 2023 with 100 percent response rate from one hundred six (106) randomly selected clients of CRS Tagum City Outlet. The CSS is the fifth in its series, since the opening of the Outlet on 15 March 2022 and first since the adoption of use of the Civil Registry System – Information Technology Project (Phase II), or also known as CRS-ITP2.
