The inflation rate for the bottom 30% income households in the province slowed down to -0.7 percent in January 2025 from 0.0 percent in December 2024. In January 2024, the inflation rate was posted at 5.5 percent.
The overall inflation in Davao Oriental increased to 0.8 percent in January 2025 from 0.7 percent in December 2024. In January 2024, the inflation rate was higher at 4.3 percent.
City of Mati, Davao Oriental- The Philippine Statistics Authority (PSA) Davao Oriental is pleased to announce that 506,132 residents of Davao Oriental were successfully registered for the National ID as of 31 December 2024. This achievement marks a significant advancement towards the government's objective of establishing a unified and streamlined identification system for all citizens of the Philippines.
City of Mati, Davao Oriental- The Philippine Statistics Authority (PSA) Davao Oriental has officially resumed the National ID registration in the province, aiming to provide residents with a valid proof of identity that will streamline public and private transactions. The resumption comes as part of the government's ongoing efforts to ensure every Filipino has access to a secure and reliable identification system.
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.
