The Davao Occidental headline inflation rate for the bottom 30% income households declined further to negative 0.7 percent in December 2024 from 1.9 percent in November 2024. In December 2023, the inflation rate was higher at 4.7 percent.
The Philippine Statistics Authority (PSA) XI Davao Occidental Provincial Statistical Office announces the conduct of the Online Report on Davao Occidental’s December 2024 Inflation on 09 January 2025 (Thursday) at 10:00AM. This event will be streamed through a video conference using Google Meet and Facebook Live.
The Davao Occidental annual headline inflation declined further to 2.2 percent in December 2024 from 3.3 percent in November 2024. With this month’s inflation, Davao Occidental average inflation for the year of 2024 stood at 5.8 percent. In December 2023, the inflation rate was higher at 5.1 percent.
Davao Occidental’s economy grew by 4.7 percent in 2023. This represents an increase in the Gross Domestic Product from PhP 37.91 billion in 2022 to PhP 39.67 billion in 2023. The increase was mainly driven by Services which expanded by 10.5 percent.
The Provincial Statistical Office of Davao Occidental headed by Supervising Statistical Specialist, Officer-in-charge Munria L. Banto, unequivocally supports the 87th Araw ng Davao Occidental Job fair.
The Philippine Statistics Authority (PSA) XI Davao Occidental Provincial Statistical Office announces the conduct of the Online Report on Davao Occidental’s October 2024 Inflation on 15 November 2024 (Friday) at 10:00AM. This event will be streamed through a video conference using Google Meet and Facebook Live.
The Philippine Statistics Authority (PSA) XI Davao Occidental Provincial Statistical Office announces the conduct of the Online Report on Davao Occidental’s September 2024 Inflation on 11 October 2024 (Friday) at 10:00AM. This event will be streamed through a video conference using Google Meet and Facebook Live.