In March 2023, the headline inflation rate in the City of Davao decreased to 8.8 percent, 1.0 percentage point lower than the previous month's rate of 9.8 percent. The average inflation rate from January to April 2023 was 9.8 percent. Among the thirteen commodity groups, Food and Non-Alcoholic Beverages had the largest share to inflation with inflation rate of 6.7 percent in April 2023, down from 9.0 percent in March 2023. It was followed by Housing, Water, Electricity, Gas and Other Fuels at 10.2 percent, down from 10.7 percent in the previous month. The third commodity with the highest share was Furnishings, Household Equipment and Routine Household Maintenance at 8.9 percent, down from 9.5 percent in the previous month.
The headline inflation in Davao del Sur decreased by 0.8 percentage point having 6.4 percent in April 2023, from 7.2 percent in March 2023. This inflation rate is 1.2 percentage points higher than the inflation rate on April 2022 posted at 5.2 percent. The average inflation for the year’s first four months stood at 8.2 percent. (Table A and Figure 1). The decrease in Davao del Sur’s inflation rate was mainly brought about by the decrease in the Food and Non-Alcoholic Beverages index to 8.5 percent from 9.3 percent in the previous month. It shares 50.7 percent which is the highest share in the inflation trend. Next to that is the decrease in the inflation rate of Transport to a negative 4.5 percent from negative 2.0 percent in the previous month. It contributes 25.8 percent, the second highest share in the inflation trend. Furthermore, the inflation rate of Restaurants and Accommodation Services declined to 5.7 percent from 7.1 percent in the previous month. It contributes the third highest share in the inflation trend with 11.4 percent. Also, the annual upticks of Housing, Water Electricity, Gas, and Other Fuels decreased to 8.9 percent from 9.2 percent in the previous month. Other than that, the inflation rate of Alcoholic Beverages and Tobacco declined to 16.4 percent from 17.1 percent. The same goes for Personal Care, and Miscellaneous Goods and Services which inflation rate declined to 1.3 percent from 1.5 percent in the previous month.
In March 2023, the headline inflation in City of Davao eases at 9.8 percent, down by 1.1 percentage points from 10.9 percent in February 2023. The average inflation rate in the city for the first quarter of the year stood at 10.1 percent. (Table A and Figure 1). Among the thirteen commodity groups, Food and Non-Alcoholic Beverages had the largest share to inflation with inflation rate of 9.0 percent in March 2023 , down from 10.7 percent in February 2023. It was followed by Transport, at 6.9 percent from 12.3 in the previous month and Housing, Water, Electricity, Gas and other Fuels at 10.7 percent from 11.0 percent in the previous month. Likewise, relative to their annual rates in February 2023, lower year-on-year inflation rates were also observed in the following commodity groups:
The headline inflation in Davao del Sur decreased by 2.2 percentage point having 7.2 percent in March 2023, from 9.4 percent in January 2023. This inflation rate is 1.4 percentage points higher than the inflation rate on March 2022 posted at 5.8 percent. The average inflation for the year’s first three months stood at 8.8 percent. (Table A and Figure 1). The decrease in Davao del Sur’s inflation rate was mainly brought about by the decrease in the Food and Non-Alcoholic Beverages index to 9.3 percent from 12.9 percent in the previous month. It shares 75.1 percent which is the highest share in the inflation trend. Next to that is the decrease in the inflation rate of Transport to a negative 2.0 percent from 5.0 percent in the previous month. It contributes 23.7 percent, the second highest share in the inflation trend.
The Philippine Statistics Authority (PSA) – Davao del Sur Provincial Statistics Office conducted the 1st Quarter National Simultaneous Earthquake Drill (NSED) on 9 March 2023 at exactly 2:00 P.M. This activity was pursuant to the National Disaster Risk Reduction and Management Council (NDRRMC) Memorandum No. 06, Series of 2023: Resumption of Face-To-Face Conduct of NSED. It was a standard drill and evacuation that uses simple steps to teach all personnel how to perform the “Drop, Cover, and Hold On,” which is a quake-safe action designed to protect lives and prevent injuries from falling furniture and flying objects that can become projectiles during ground shaking. One of the NDRRMC’s distinct programs under the direct facilitation of the Office of Civil Defense (OCD), NSED is a good opportunity to
The headline inflation in Davao del Sur decreased by 0.5 percentage point having 9.4 percent in February 2023, from 9.9 percent in January 2023. This inflation rate is 4.1 percentage points higher than the inflation rate on February 2022 posted at 5.3 percent. The average inflation for the year’s first two months stood at 9.6 percent. (Table A and Figure 1). The decrease in Davao del Sur’s inflation rate was mainly brought about by the decrease in the index of Transport to 5.0 percent from 10.1 percent in the previous month. It shares 58.1 percent which is the highest share in the inflation trend. Next to that is the decrease in the inflation rate of Food and Non-Alcoholic Beverages to 12.9 percent from 13.4 percent in the previous month. It contributes 35.1 percent, the second share in the inflation trend. Furthermore, the inflation rate of Health declined to 4.1 percent from 4.7 percent in the previous month. It contributes the third highest share in the inflation trend with 2.2 percent.
In February 2023, the inflation rate in Davao City was once again at its highest since January 2019, currently at 10.9 percent, surpassing the highest rate in 2022 at 10.4 percent (October 2022). The rate in February 2023 was 1.3 percent higher than the recorded rate in January 2022 at only about 9.6 percent and 6.3 percent higher than the rate of the same month in 2022 at 4.6 percent. (Table A and Figure 1).The higher inflation rate recorded in February 2023 was mainly brought about by the increase in the index of the commodity groups; (1) Housing, Water, Electricity, Gas, and Other Fuels at 11.0 percent with 50.0 percent share to the inflation trend, (2) Food and Non-Alcoholic Beverages at 10.7 percent with 24.3 percent share and (3) Restaurants and Accommodation Services at 13.0 percent with 22.2 percent share.
The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the 33rd Civil Registration Month Closing Ceremony with the theme, “PSA@10: Providing Efficient and Effective Civil Registration and Vital Statistics through Digital Transformation” on 28 February 2023 (Tuesday) at 9:30 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.
The City of Davao had a total population of 1,776,949 individuals based on the 2020 Census of Population and Housing or 2020 CPH. Comprising 99.7 percent of this total was the household population, which were 1,770,988 individuals. Of the 1.77 million household population in 2020, 50.7 percent or 897.46 thousand individuals were male and 49.3 percent or 873.52 thousand individuals were female. Categorically by age group, 526.16 thousand (29.7%) were young dependents or individuals under 15 years old while 1.16 million (65.48%) were the working-age group (15 to 64 years old) or the economically-active population. The remaining 85.25 thousand (4.8%) were old dependents or individuals 65 years old and over. Individuals aged 0 to 14 years old, 15 to 64 years old, and 65 years old and over accounted for 30.5, 65.4, and 4.0 percent, respectively, of the household population of Davao City in 2015. (Figure 1).
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.