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.

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.

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.

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.