The inflation rate for the bottom 30% income households in the province further declined to 0.0 percent in December 2024 from 0.4 percent in November 2024. This brings the average inflation for this income group from January to December 2024 to 4.2 percent. In December 2023, inflation rate was higher at 6.1 percent. (Tables A and B, and Figure 1)
The overall inflation rate in Davao Oriental further decelerated to 0.7 percent in December 2024 from 1.1 percent in November 2024. This brings the province's average inflation rate for the period of January to December 2024 to 3.7 percent. In December 2023, the inflation rate was higher at 6.0 percent.
The overall inflation rate in Davao Oriental further declined to 1.1 percent in November 2024 from 1.6 percent in October 2024. This brings the provincial average inflation from January to November 2024 to 3.9 percent. InNovember 2023, the inflation rate was higher at 6.7 percent
The inflation rate for the bottom 30% income households in the province further decelerated to 0.4 percent in November 2024 from 1.3 percent in October 2024. This brings the average inflation for this income group from January to November 2024 to 4.6 percent. In November 2023, inflation rate was higher at 6.8 percent. (Tables A and B, and Figure 1)
The economy of Davao Oriental grew by 4.6 percent in 2023, slower than the 12.3 percent growth recorded in the previous year. This represents an increase in the Gross Domestic Product (GDP) from PhP 55.45 billion in 2022 to PhP 58.02 billion in 2023. (Figure 1)
The inflation rate for the bottom 30% income households in the province further decelerated to 1.3 percent in October 2024 from 2.7 percent in September 2024. This brings the average inflation for this income group from January to October 2024 to 5.0 percent. In October 2023, inflation rate was higher at 8.0 percent.
The overall inflation rate in Davao Oriental further declined to 1.6 percent in October 2024 from 2.3 percent in September 2024. This brings the provincialaverage inflation from January to October 2024 to 4.2 percent. In October 2023, the inflation rate was higher at 7.2 percent.
The Philippine Statistics Authority (PSA) opened its 72nd Civil Registry System (CRS) Outlet during a festive ceremony dubbed as PAG-ABRI: The Inaugural Go-Live of PSA Davao Oriental’s CRS- City of Mati Outlet on 23 October 2024.
The inflation rate for the bottom 30% income households in the province further decelerated to 2.7 percent in September 2024 from 2.9 percent in August 2024. This brings the average inflation for this income group from January to September 2024 to 5.4 percent. In September 2023, inflation rate was higher at 6.3 percent. (Tables A and B, and Figure 1)
The overall inflation rate in Davao Oriental further slowed to 2.3 percent in September 2024 from 2.6 percent in August 2024. This brings the provincial average inflation from January to September 2024 to 4.5 percent. In September 2023, the inflation rate was higher at 6.5 percent.