The Consumer Price Index (CPI) measures the changes in the price level of goods and services that most people buy for their day-to-day consumption. It is most widely used in the calculation of the inflation rate and purchasing power of the peso. Furthermore, Inflation Rate (IR) is the annual rate of change in the CPI. The CPI and IR series, among others, is being used for economic analysis, collective bargaining agreements, wage adjustments, and monitoring the effects of government economic policy. The July 2022 issue presents the Price Situation in the province based on the results of the 2018-based CPI, which comprises eleven (13) major commodity groups.
[Lipa City, Batangas] – The Philippine Statistics Authority (PSA) CALABARZON reported the February 2025 inflation in the region via hybrid press conference on 10 March 2025. Regional Director Charito…
The headline inflation or overall inflation in Lucena City continued to decrease at 2.0 percent in March 2025, down from 2.6 percent in February 2025. This brings the average inflation rate of the…
