Special Release on Summary of Inflation Report in Laguna: December 2022
Release-Date
Reference-Number
2023-001
The headline inflation in Laguna slow down to 5.1 percent in December 2022 from 5.5 percent in November 2022. Moreover, this is higher than the recorded inflation rate in the same month of 2021 at 2.3 percent. The average inflation rate for the twelve months of the year stood at 4.0 percent. (Table A and Figure 1)
In 2023, vegetables and root crops (VRC) production recorded a total of 156,826.21 metric tons. It decreased by 2,725.53 metric tons or about 1.7 percent compared to the previous year’s output of 159…