On 03 to 09 January 2024, Philippine Statistics Authority – Davao Occidental Provincial Statistical Office conducted the Third Level Training of the January 2024 Labor Force Survey (LFS) and 2023 Family Income and Expenditure Survey (FIES)-Visit 2 at Splash Blue Beach Resort II, Barangay San Agustin, Santa Maria, Davao Occidental.
The Davao Occidental headline inflation or overall inflation slowed down further to 4.5 percent in November 2023 from 5.2 percent in October 2023. This brings the provincial average inflation from January to November 2023 at 5.6 percent. In November 2022, the inflation rate was higher at 8.7 percent.
The Philippine Statistics Authority Davao Occidental Provincial Statistical Office released the results of the 2022 Provincial Product Accounts (PPA) through a Dissemination Forum held last 29th of November 2023, 8:00 AM at Jose de Aish Babes Hotel, Poblacion, Malita Davao Occidental via face-to-face platform and virtual set-up using Facebook live.
The economy of Davao Occidental continued to expand in 2022, growing by 7.1 percent, compared to 6.4 percent in the previous year (Figure 1). In 2022, the Gross Domestic Product (GDP) of the province was estimated at PhP 37.90 billion.
The Davao Occidental headline inflation or overall inflation declined to 5.2 percent in October 2023 from 5.7 percent in September 2023. This makes the provincial average inflation from January to October 2023 remained at 5.7 percent. In October 2022, the inflation rate was higher at 8.5 percent.
The Davao Occidental headline inflation or overall inflation increased further to 5.7 percent in September 2023 from 3.2 percent in Augusl2023. This makes the provincial average inflation from January to September 2023 to 5.7 percent. ln September 2022, the inflation rate was higher at 8.4 percent.
On 26 July 2023, the Municipal Census Coordinating Board (MCCB) of the Municipality of Santa Maria, Davao Occidental convened at the Sangguniang Bayan Session Hall for the conduct of the 2022 Census of Agriculture and Fisheries (CAF) operations.
The Davao Occidental annual headline inflation slowed further to 2.1 percent in July 2023, from 3.1 percent in June 2023. This is the fifth consecutive month of deceleration in the headline inflation and the lowest since April 2022 with an inflation rate of 3.5 percent