SPECIAL RELEASE The Consumer Price Index in Lucena City, May 2022 (2018=100)

Reference Number: 

SR STAT 2022 - 017

Release Date: 

Wednesday, June 8, 2022
Figure 3. Inflation Rate by Commodity Group: Lucena City, May 2021 and May 2022 (2018=100)
CPI, Year-on-Year
 
The Consumer Price Index (CPI) in Lucena City for the month of May 2022 was posted at 111.8 index points.  The CPI increased by 4.5 index points from last year’s figure of 107.3.
 
CPI by Commodity Group, Year-on-Year
 
Alcoholic beverages and tobacco showed the highest CPI (159.7 index points) among the commodity groups. The group of financial services followed with 146.0 index points. Recreation, sport and culture
registered the least CPI of 100.2 index points followed by information and communication with 100.9 index points.
 
 
Inflation Rate, Year -on-Year
 
The inflation rate (IR) in the city was recorded at 4.2 percent during the reference month. It increased by 0.4 percentage points from the previous month’s figure of 3.8 percent but decreased by 0.2 percentage points from the rate of 4.4 percent a year ago.
 
Inflation Rate by Commodity Group, Year -on-Year

By commodity group, IR was highest for transport posted at 18.3 percent during the month. Housing, water, electricity, gas and other fuels (9.6 percent) exhibited the second highest IR, followed by health (6.1 percent).  The rest of the commodity groups, except for information and communication; and financial services, had IR ranging from 0.3 percent (restaurants and accommodation services) to 4.0 percent (alcoholic beverages and tobacco).

 

 

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