The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the Data Dissemination Forum on 2021 Full-Year Poverty Statistics & Results of the 2021 Family Income and Expenditure Survey (FIES) on 27 October 2022 (Thursday) at 9:00 AM through a face-to-face conference held at The Pinnacle Hotel, Sta. Ana Avenue, Brgy. 30-C, Davao City.

The Philippine Statistics Authority (PSA) – Provincial Statistical Office of Davao del Sur announces the conduct of the Data Dissemination Forum on the Highlights of the Results of the 2020 Census of Population and Housing (CPH) on 27 October 2022 (Thursday) at 1:00 PM through a face-to-face conference held at The Pinnacle Hotel, Sta. Ana Avenue, Brgy. 30-C, Davao City.

In September 2022, Davao City’s annual inflation rate rose further by 0.3 percent, reaching 9.9 percent from 9.6 in August 2022 - the highest since January 2019. Meanwhile, the average rate for 2022 was pegged at 6.8 percent. (Table A and Figure 1). The top three major sources of the upward trend in September 2022 are commodity groups Food and Non-Alcoholic Beverages (12.8 percent) having the largest share at 63.8 percent followed by Housing, Water, Electricity, Gas and Other Fuels (5.8 percent) with the second highest share of 13.4 percent and Personal Care, and Miscellaneous Goods and Services (6.8 percent) with a share of 6.9 percent.

The headline inflation in Davao del Sur increased by 1.6 percentage points having 9.9 in September 2022, from 8.3 percent in August 2022. This inflation rate is the highest recorded rate since January of the same year. The inflation in September 2021 was posted at 5.7 percent, lower by 4.2 percentage points than the recent inflation rate. The average inflation for the year’s first nine months stood at 7.1 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 at 13.0 percent; Housing, Water, Electricity, Gas, and Other Fuels at 9.5 percent; Alcoholic Beverages and Tobacco at 10.0 percent; Recreation, Sport and Culture at 3.5 percent; and Health at 4.7 percent.

The headline inflation in Davao del Sur decreased by 1.3 percentage points having 8.3 in August 2022, from 9.6 percent in July 2022. This inflation rate is one of the highest rates recorded since January of the same year. The inflation in August 2021 was posted at 6.2 percent, lower by 2.1 percentage points than the recent inflation rate. The average inflation for the year’s first eight months stood at 6.7 percent (Table A and Figure 1). In comparison to the previous month’s inflation rate, there is a decrease in Davao del Sur’s inflation rate which was mainly brought about by the decrease in the index for Food and Non-alcoholic Beverages at 9.7 percent; Transport, 18.3 percent; Clothing and Footwear at 0.7 percent; Personal Care, and Miscellaneous Goods and Services at 1.0 percent; and Health at 4.6 percent.

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).