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 May 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.
The Batangas Province headline inflation or overall inflation slowed down further to 1.5 percent in September 2024. This is the lowest inflation rate since the 2.3 percent inflation rate recorded in…
The Batangas Province headline inflation or overall inflation eased to 2.8 percent in August 2024 from 3.5 percent in July 2024. This brings the provincial average inflation from January to August…
