The September 2023 headline inflation in Davao del Sur increased to 3.3 percent which is 0.2 percentage points higher than the August 2023 inflation rate.
The number of constructions of Davao del Sur from approved building permits in 2022 totaled to 313 signifying an annual increase of 1,204.2 percent from the 24 total number of constructions in 2021.
Davao City - The Philippine Statistics Authority (PSA) Regional Statistical Services Office (RSSO 11) and Davao del Sur Provincial Statistical Office in collaboration with Marnie Manicad Productions International (MMPI) conducted a promotional campaign for the Philippine Identification System (PhilSys) in Davao City National High School on 11 September 2023.
The headline inflation in Davao del Sur rose to 3.1 percent which is 0.4 percentage points higher than the July 2023 inflation rate. Moreover, this inflation rate is 5.2 percentage points lower than the inflation rate in August 2022 posted at 8.3 percent.
In July 2023, the headline inflation rate or the overall inflation in the City of Davao showed a continued decrease, dropping by 1.3 percentage points to 6.3 percent from 7.6 percent in June 2023. Furthermore, the current headline inflation rate was 2.1 percentage points lower than the rate reported in July 2022. Meanwhile, the average inflation rate from January to July 2023 was at 8.7 percent. (Table A and Figure 1).
The headline inflation in Davao del Sur decreased by 1.9 percentage points with 2.7 percent in July 2023, from 4.6 percent in June 2023. This inflation rate is 6.9 percentage points lower than the inflation rate in July 2022 posted at 9.6 percent. The average inflation for the year’s first seven months stood at 6.4 percent. (Table A and Figure 1).
The 2020 Census of Population and Housing (2020 CPH) revealed that the Municipality of Padada, Davao del Sur had a total population of 29,878 people. Out of this total, the household population involved 99.8% percent or a little bit lower of 29,825 persons. This figure posted a 12.4 growth rate compared with the 2015 total population (26,587).
The headline inflation in Davao del Sur decreased by 0.4 percentage points with 4.6 percent in June 2023, from 5.0 percent in May 2023. This inflation rate is 2.8 percentage points lower than the inflation rate in June 2022 posted at 7.4 percent. The average inflation for the year’s first six months stood at 7.1 percent. (Table A and Figure 1).
In June 2023, the headline inflation rate or the overall inflation in the City of Davao continued its downtrend, slowing down further by 0.1 percentage points at 7.6 percent compared to 7.7 percent in May 2023. The present rate, however, was still higher than the inflation rate in June of the previous year which stood at 7.0 percent. The average inflation rate from January to June 2023 on the other hand, stood at 9.1 percent. (Table A and Figure 1).
In May 2023, the headline inflation rate in the City of Davao decreased further to 7.7 percent, 1.1 percentage points lower than the previous month's rate of 8.8 percent. The average inflation rate from January to May 2023 was 9.4 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 5.0 percent in May 2023 , down from 6.7 percent in April 2023.