In January 2023, the annual headline inflation rate of Davao City declined by 0.1 percent at 9.6 from 9.7 percent in December 2022. Inflation rate in January 2022 was at 5.0 percent. (Table A and Figure 1). Lower inflation rate recorded in January 2023 was mainly brought about by the decrease in the index of two of the commodity groups, specifically, the Food and Non Alcoholic Beverages settling at 9.6 percent from 10.8 percent and Transport currently at 15.2 percent from 16.8 in December 2022. Although a decline in the city’s inflation rate has been observed for January 2023, most of the commodities have higher rates.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur conducted the 33rd Civil Registration Month Motorcade on 6 February 2023 (Monday) at 9:00 AM. The motorcade started at Ramon Magsaysay Park passing through Leon Garcia Street, Cabaguio Avenue, Daang Maharlika Highway, JP Laurel Avenue, C. Bangoy Street, and had its last stop at Sanguniang Panlungsod ng Dabaw. It was participated by selected employees of PSA Davao del Sur, Davao City Social Welfare and Development Office, and Local Civil Registrar’s Office. OIC-Regional Director Randolph Anthony B. Gales of Regional Statistical Services Office (RSSO) XI also participated on the said activity.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the 33rd Civil Registration Month Opening Ceremony with the theme, “PSA@10: Providing Efficient and Effective Civil Registration and Vital Statistics through Digital Transformation” on 01 February 2023 (Wednesday) at 9:00 AM through a face-to-face conference held at 3rd Floor JM Agro-Industrial Corporation Building, Gov. Sales St., Davao City. The hashtag to be used for the event are #DavaoSur33rdCRM, #Davao33rdCivilRegMonth, and #DavaoCityCivilRegMonth. The event will be hosted by COSW-Statistical Analyst Kathrina S. Amonince. Also, the Rundown of the 33rd Civil Registration Month Activities will be presented by Registration Officer I Jamaica Dawn V. Villegas.

In December 2022, the annual headline inflation rate of Davao City pares down to 9.7 percent from 10.0 percent in November. In spite of, there is a 5.5 percent difference from the inflation rate of the same month in 2021, which was only 4.2 percent, making it the fourth-highest inflation rate of the city since January 2019. The gradual decline of the inflation rate in the city in December 2022 was mainly brought about by the decrease in inflation in Food and Non-Alcoholic Beverages and Transport. Specifically, there was a decrease of 1.4 percentage points in Food and Non-Alcoholic Beverages at 10.8 percent in December 2022, down from 12.2 percent in November 2022. Transport, on the other hand, decreased by 0.1 percentage points at 16.8 percent in December, down from 16.9 in the previous month.

The headline inflation in Davao del Sur decreased by 1.6 percentage points having 9.8 in December 2022, from 11.4 percent in November 2022. This inflation rate is the fourth-highest recorded rate since January of the same year. The inflation in December 2021 was posted at 5.4 percent, which is lower by 4.4 percentage points than the recent inflation rate. The average inflation for the year’s eleven months stood at 8.0 percent. The decrease in Davao del Sur’s inflation rate was mainly brought about by the decrease in the index for Food and Non-alcoholic Beverages at 12.5 percent. It was followed by the index for Housing, Water, Electricity, Gas and Other Fuels having 9.5 percent inflation. Then, Transport at 9.5 percent. Also, there is a decrease in the inflation rate in the indices of Alcoholic Beverages and Tobacco, and Furnishings, Household Equipment and Routine Household Maintenance at 14.5 percent, at 3.1 percent.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the 2021 Provincial Product Accounts (PPA) of Davao del Sur and City of Davao Data Dissemination Forum on 12 December 2022 (Monday) at 9:00 AM through a face-to-face conference held at Grand Regal Hotel, Davao City.

The headline inflation in Davao del Sur increased by 0.6 percentage points having 10.5 in October 2022, from 9.9 percent in September 2022. This inflation rate is the highest recorded rate since January of the same year. The inflation in October 2021 was posted at 4.9 percent, lower by 5.6 percentage points than the recent inflation rate. The average inflation for the year’s first ten months stood at 7.4 percent (Table A and Figure 1).The increase in Davao del Sur’s inflation rate was mainly brought about by the increase in the index for Food and Non-alcoholic Beverages having 14.5 percent. It was followed by the index for Alcoholic Beverages and Tobacco having 14.0 percent inflation. Then, Restaurants and Accommodation Services at 2.5 percent inflation.

In November 2022, the annual headline inflation rate of Davao City slid to 10.0 percent, down from 10.4 in October. However, the inflation was 5.7 percent more than the inflation rate for the same month in 2021, which was only 4.3 percent, making it the second-highest inflation rate of the city since January 2019. (Table A and Figure 1). The deceleration of the inflation rate in the city in November 2022 was mainly brought about by the decrease in inflation in Food and Non-Alcoholic Beverages and Transport. Specifically, there was a decrease of 1.7 percentage points in Food and Non-Alcoholic Beverages at 12.2 percent in November 2022, down from 13.9 percent in October 2022. Transport, on the other hand, decreased by 1.5 percentage points at 16.9 percent in November, down from 18.4 in the previous month.

In October 2022, the annual inflation rate of Davao City, for the first time since January 2019, breached the two-digit inflation with a rate of 10.4 percent. The current month's rate was higher by 0.5 percentage points compared to the annual uptick in September 2022 at 9.9. Also, the rate in October 2022 was higher than the rate of the same month in 2021 at only 2.8 percent (Table A and Figure 1).

The headline inflation in Davao del Sur increased by 0.6 percentage points having 10.5 in October 2022, from 9.9 percent in September 2022. This inflation rate is the highest recorded rate since January of the same year. The inflation in October 2021 was posted at 4.9 percent, lower by 5.6 percentage points than the recent inflation rate. The average inflation for the year’s first ten months stood at 7.4 percent (Table A and Figure 1). The increase in Davao del Sur’s inflation rate was mainly brought about by the increase in the index for Food and Non-alcoholic Beverages having 14.5 percent. It was followed by the index for Alcoholic Beverages and Tobacco having 14.0 percent inflation. Then, Restaurants and Accommodation Services at 2.5 percent inflation.