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. The CPI series, among others, is being used for economic analysis, collective bargaining agreements, wage adjustments, and monitoring the effects of government economic policy. The May 2021 issue presents the Price Situation in the province based on the results of the 2012-based CPI, which comprises eleven (11) major commodity groups.
For February 2025, the inflation rate (IR) in CALABARZON decelerated to 2.1 percent, 1.0 percentage point less than the previous month’s inflation rate. This was due to the deceleration in the…
The headline inflation or overall inflation in Lucena City eased to 2.6 percent in February 2025, from 4.4 percent in January 2025. In February 2024, the inflation rate was lower at 2.2 percent.
