The City of Davao’s annual inflation rate continued its uptrend reaching 9.6 percent in August 2022, from 8.4 percent in July 2022. Furthermore, the present rate is more than double the rate in August 2021 of only 4.2 percent. (Table A and Figure 1). The major contributor to the upward trend in August 2022 are commodity groups Housing, Water, Electricity, Gas and Other Fuels at 5.6 percent with 44.2 percent share to the inflation trend; Food and Non-Alcoholic Beverages at 12.2 percent with 30.6 percent share to the inflation trend; and Education Services at 9.8 percent with 17.8 percent share to the inflation trend.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur hosted the Quarterly Survey of Philippine Business and Industry (QSPBI) Respondents’ Forum on 05 August 2022 (Friday) at 8:30 AM through a face-to-face conference and via online platform using Zoom held at Acacia Hotel Davao, JP Laurel Avenue, Davao City. The event aims primarily to promote the significance of QSPBI and aid the sampled establishments in understanding the value of their operations for planning and policy-making, as well as academic research and analysis. Furthermore, the session intends to instruct participants on how to access, accomplish, and submit the QSPBI online questionnaire utilizing the QSPBI Online Facility for Establishment (QOFE).

The headline inflation in Davao del Sur increased by 2.2 percentage points having 9.6 in July 2022, from 7.4 percent in June 2022. The inflation in July 2021 was posted at 4.6 percent, lower by 5.0 percentage points than the recent inflation rate. The average inflation for the year’s first six months stood at 6.5 percent (Table A and Figure 1). In comparison to the previous month’s inflation rate, there is an increase in Davao del Sur’s inflation rate which was mainly brought about by the increase in the index for food and non-alcoholic beverages at 12.0 percent; housing, water, electricity, gas, and other fuels, 7.8 percent; alcoholic beverages and tobacco, 9.6 percent; and transport, 26 percent.

The headline inflation rate in Davao City in July 2022 was 8.4 percent, double the rate of the same month in 2021 at 4.2. The rate in July also supersedes the rate in June 2022 at 7.0 percent as the highest since January 2019. (Table A and Figure 1). The rising overall inflation in the City of Davao in July 2022 was largely due to the increase in annual increments of Restaurant and Accommodation Services at 8.1 percent, Food and Non-Alcoholic Beverages at 11.2 percent and Housing, Water, Electricity, Gas and Other Fuels at 3.3 percent. Other commodities such as the following have also contributed to the rising trend

The headline inflation in Davao del Sur increased by 0.6 percentage points having 7.4 in June 2022, from 6.8 percent in May 2022. The inflation in June 2021 was posted at 3.7 percent, lower by 3.7 percentage points than the recent inflation rate. The average inflation for the first six months of the year stood at 6.0 percent (Table A and Figure 1).

The headline inflation in Davao City rose by 0.3 percentage points having an inflation rate of 7.0 percent in June 2022, a rise from 6.7 percent in May 2022. The inflation rate in June 2021 was recorded at 3.7 percent, which is 3.3 percentage points lower than the latter inflation rate. Inflation rate over the first six months of the year averaged 5.6 percent. (Table A and Figure 1)

Violence Against Women and Children (VAWC) is one of the country’s pervasive social problems and various measures and mechanisms have been employed and implemented to address it. Proclamation 1172 series of 2006 mandated the 18-Day Campaign to End VAW. It is an advocacy campaign that is observed annually from November 25 to December 12. Also, National Consciousness Day for the Elimination of VAWC under Republic Act 10398 is commemorated on November 25 of every year. This act was signed on March 19, 2013 by Former President Benigno S. Aquino III.

The headline inflation in Davao City is at its highest since January 2019 as it rose to 6.7 percent in May 2022 from 5.1 percent in April. Inflation rate in May of the previous year was relatively lower at 3.7 percent. (Table A and Figure 1). The rise in the overall inflation in the City of Davao in May 2022 was mainly due to the higher increments in the index for Food and Non-alcoholic Beverages at 10.1 percent, Transport at 14.7 percent and Personal Care, and Miscellaneous Goods and Services at 4.4 percent. Also contributing in the rising trend are the following commodities:

The headline inflation in Davao del Sur increased by 1.6 percentage points having 6.8 in May 2022, from 5.2 percent in April 2022. The inflation in May 2021 was posted at 3.7 percent, lower by 3.1 percentage points than the recent inflation rate. The average inflation for the first four months of the year stood at 5.7 percent (Table A and Figure 1). In comparison to the previous month’s inflation rate, there is an increase in Davao del Sur’s inflation rate which was mainly brought about by the increase in the index for food and non-alcoholic beverages at 8.6 percent; transport, 23.8 percent; health, 4.5 percent; alcoholic beverages and tobacco, 5.4 percent; clothing and footwear, 1.2 percent; and recreation, sport and culture, 1.3 percent. On the other hand, there was a decrease in the inflation of housing, water, electricity, gas and other fuels having 3.4 percent which is 0.2 percent lower as compared to the previous month’s inflation rate.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the Data Dissemination Forum on 2021 First Semester Poverty Statistics & 2020 Annual Labor Force Survey Results on 28 March 2022 (Monday) at 9:00 AM through a face-to-face conference held at Hotel de Crisbelle, Brgy. San Jose, Digos City and via video conference using Zoom.