The inflation rate in Davao Oriental continued to decelerate, reaching 4.2percent in April 2024. This marks a decrease from the March 2024 rate of 5.3percent and a substantial drop from the April 2023 rate of 10.2 percent. The average inflation rate for the period from January to April 2024 stands at 5.2
percent.
The inflation in Davao Oriental eased to 5.3 percent in March 2024 from 6.9 percent in February 2024. This brings the average inflation from January to March 2024 at 5.5 percent. In March 2023, inflation rate was higher at 12.4 percent. (Tables A and B, and Figure 1)
The Philippine Statistics Authority (PSA) Davao Oriental officially turnovers the Community-Based Monitoring System (CBMS) data results to the City of Mati in a momentous occasion held at Honey’s Hotel, Matiao, City of Mati, Davao Oriental.
The inflation in Davao Oriental increased to 6.9 percent in February 2024 from 4.3 percent in January 2024. The average inflation rate for the first two months of the year stood at 5.6 percent. In February 2023, inflation rate was higher at 11.3 percent
The Philippine Identification System (PhilSys) and the Department of Social Welfare and Development (DSWD) have formed a strategic relationship, marking a significant advancement towards improved efficiency and transparency in the distribution of social welfare. The objective of this partnership is to accelerate the registration procedures for Pantawid Pamilyang Pilipino Program (4Ps) recipients.
The inflation in Davao Oriental continued to exhibit a slower pace of 4.3percent in January 2024. This is the lowest inflation rate since the 4.1 percent inflation rate recorded in March 2022. Inflation rate was recorded at 6.0 percent in December 2023, while it was 10.0 percent in January 2023.
The end of 2023 marks another milestone for the province of Davao Oriental as it registers 453,000 residents into the Philippine Identification System (PhilSys), reaffirming the government's commitment to modernize and streamline social services.
The inflation in Davao Oriental slowed down further to 6.0 percent in December 2023, from 6.7 percent in November 2023. This brings the average inflation from January to December 2023 to 8.0 percent. In December 2022, inflation was higher at 9.2 percent.
The inflation in Davao Oriental slowed down to 6.7 percent in November2023, from 7.2 percent in October 2023. This brings the average inflation from January to November 2023 to 8.2 percent. In November 2022, inflation was higher at 9.3 percent.
The inflation in Davao Oriental increased to 7.2 percent in October 2023,from 6.5 percent in September 2023. This brings the average inflation from January to October 2023 to 8.3 percent. In October 2022, inflation was higher at 8.1 percent.